Sensex, Nifty up 2%, Bank Nifty tops 56,800 amid softer crude and hopes of easing West Asia tensions

Sensex closes 1,700 points higher: What drove today's rally?

Indian Sensex jumped 1,695 points on US-Iran peace deal hopes and crude oil falling below $90/barrel, with broad gains across market tiers. For tech leaders, lower energy costs reduce capex inflation and mitigate geopolitical risk to emerging market infrastructure.