<p>New Delhi: Market investors added Rs 9.60 lakh crore to their wealth on Wednesday as hopes of war ending in the West Asia propelled a rally in stocks, driving the BSE Sensex 1,187 points higher.</p>.<p>A sharp rally in global markets and drop in crude oil prices also lifted market sentiment after two days of decline.</p>.Stock market holiday today: BSE, NSE closed on the account of Shri Mahavir Jayanti.<p>Beginning the new fiscal year on a buoyant note, the 30-share BSE Sensex jumped 1,186.77 points, or 1.65 per cent, to settle at 73,134.32. During the day, it surged 2,017.03 points, or 2.80 per cent, to 73,964.58.</p>.<p>Thanks to the rally in equities, the market capitalisation of BSE-listed companies jumped Rs 9,60,261.03 crore to Rs 4,22,01,433.48 crore (USD 4.46 trillion).</p>.<p>"Indian equity indices started the month of April on a strong note, supported by optimism around a potential de-escalation in US-Iran tensions," according to Bajaj Broking.</p>.<p>From the 30-Sensex firms, Trent, InterGlobe Aviation, Adani Ports, Bharat Electronics, State Bank of India, and Eternal emerged as the major gainers.</p>.<p>NTPC, Sun Pharma, Power Grid, UltraTech Cement and Bharti Airtel were the laggards.</p>.<p>"Markets staged a rebound on Tuesday, marking a strong start to the new financial year. The recovery was primarily driven by optimism around potential geopolitical de-escalation, which improved global risk appetite. A decline in crude oil prices and bond yields further supported sentiment, particularly for emerging markets like India," Ajit Mishra, SVP, Research, Religare Broking Ltd, said.</p>.<p>In Asian markets, South Korea's benchmark Kospi, Japan's Nikkei 225 index, Shanghai's SSE Composite index and Hong Kong's Hang Seng index ended sharply higher. Kospi jumped 8.44 per cent, while Nikkei 225 index climbed 5.24 per cent.</p>.<p>Markets in Europe were trading in positive territory.</p>.<p>The US market ended significantly higher on Tuesday. The Nasdaq Composite index surged 3.83 per cent, S&P 500 jumped 2.91 per cent, and Dow Jones Industrial Average climbed 2.49 per cent.</p>.<p>Brent crude, the global oil benchmark, declined 2.13 per cent to USD 101.8 per barrel. </p>
<p>New Delhi: Market investors added Rs 9.60 lakh crore to their wealth on Wednesday as hopes of war ending in the West Asia propelled a rally in stocks, driving the BSE Sensex 1,187 points higher.</p>.<p>A sharp rally in global markets and drop in crude oil prices also lifted market sentiment after two days of decline.</p>.Stock market holiday today: BSE, NSE closed on the account of Shri Mahavir Jayanti.<p>Beginning the new fiscal year on a buoyant note, the 30-share BSE Sensex jumped 1,186.77 points, or 1.65 per cent, to settle at 73,134.32. During the day, it surged 2,017.03 points, or 2.80 per cent, to 73,964.58.</p>.<p>Thanks to the rally in equities, the market capitalisation of BSE-listed companies jumped Rs 9,60,261.03 crore to Rs 4,22,01,433.48 crore (USD 4.46 trillion).</p>.<p>"Indian equity indices started the month of April on a strong note, supported by optimism around a potential de-escalation in US-Iran tensions," according to Bajaj Broking.</p>.<p>From the 30-Sensex firms, Trent, InterGlobe Aviation, Adani Ports, Bharat Electronics, State Bank of India, and Eternal emerged as the major gainers.</p>.<p>NTPC, Sun Pharma, Power Grid, UltraTech Cement and Bharti Airtel were the laggards.</p>.<p>"Markets staged a rebound on Tuesday, marking a strong start to the new financial year. The recovery was primarily driven by optimism around potential geopolitical de-escalation, which improved global risk appetite. A decline in crude oil prices and bond yields further supported sentiment, particularly for emerging markets like India," Ajit Mishra, SVP, Research, Religare Broking Ltd, said.</p>.<p>In Asian markets, South Korea's benchmark Kospi, Japan's Nikkei 225 index, Shanghai's SSE Composite index and Hong Kong's Hang Seng index ended sharply higher. Kospi jumped 8.44 per cent, while Nikkei 225 index climbed 5.24 per cent.</p>.<p>Markets in Europe were trading in positive territory.</p>.<p>The US market ended significantly higher on Tuesday. The Nasdaq Composite index surged 3.83 per cent, S&P 500 jumped 2.91 per cent, and Dow Jones Industrial Average climbed 2.49 per cent.</p>.<p>Brent crude, the global oil benchmark, declined 2.13 per cent to USD 101.8 per barrel. </p>