Falling crude, RBI assurance lift stocks, rupee and bonds

Lower crude, firmer rupee and easing volatility drive sharp rebound in Indian equities

Sensex +1.02% and rupee to 95.91 as Brent crude fell 10% to $89 on US-Iran de-escalation. Lower crude eases India's inflation (4.38%) and current account pressure, enabling RBI to cut rates as geopolitical volatility (VIX -9.7%) retreats.