Stock market today: Nifty50 and BSE Sensex rallied strongly in trade on Friday on hopes that the US and Iran will be able strike a peace deal. The Sensex soared more than 1,500 points, while the Nifty50 reclaimed the 23,500 mark.

Despite fresh US strikes on Iran sparking fears of regional conflict, Sensex rose by 486.11 points and Nifty50 gained 133.45 points in early Wednesday trading.

Indian stock markets surged for a second consecutive session, with Sensex and Nifty crossing significant milestones. This resilience occurred despite escalating Iran-US tensions,…