Sensex rockets past 76,000 as US-Iran peace deal reopens Strait of Hormuz

Global equity ecosystems witnessed an extraordinary, coordinated surge on Monday morning after US President Donald Trump announced the formal completion of a historic peace accord with the Islamic Republic of Iran. Taking to his social media platform, Truth Social, President Trump confirmed that the long-standing geopolitical impasse had been resolved and declared the immediate reopening of the strategically vital Strait of Hormuz. By ordering the prompt withdrawal of the US Navy's maritime blockade, the directive has effectively restored regular movement through a trade channel that dictates a significant portion of the world's daily petroleum and natural gas requirements.

Following up on a stellar trading session from the preceding Friday, the Indian domestic market reacted with immense bullish ferocity at the opening bell. The Bombay Stock Exchange's 30-share benchmark, the BSE Sensex, breached the crucial psychological threshold of 76,000 within seconds of commencement, recording a massive opening spike of over 1,100 index points. Simultaneously, the National Stock Exchange’s broader Nifty index matched the upward trajectory, unlocking a powerful gain of more than 330 points to build significantly on Friday's robust close of 23,622.90.

The primary catalyst reshaping investor sentiment has been a dramatic, corresponding collapse in international energy pricing structures. Following President Trump’s executive announcement, global Brent crude oil prices plummeted by over 4%, sliding rapidly to the 83-dollar-per-barrel mark. This sharp decompression in raw oil costs has substantially diminished lingering global inflationary anxieties, injecting renewed optimism regarding potential retail fuel price reductions. The sudden relief was mirrored across Asian trading hubs, with Japan's Nikkei skyrocketing by over 3,500 points, while the highly influential Gift Nifty indicator surged past 24,000 ahead of domestic hours.

The phenomenal domestic opening rally triggered a sweeping green wave across the Bombay Stock Exchange, with all 30 premier companies included in the BSE Largecap index initiating trades deep in positive territory. Leading the charge among large-cap performers were aviation giant IndiGo, engineering conglomerate Larsen & Toubro, and Bajaj Finance, alongside Adani Ports. The positive momentum cascaded seamlessly into the mid-cap segments as well, where critical infrastructure and automotive heavyweights like Ashok Leyland, Muthoot Finance, and Hindustan Petroleum recorded early gains ranging between 4% and 5%.