India’s BSE Sensex rose about 1.5% to 78,010 on Wednesday, rebounding from losses in the previous session and tracking other Asian peers, lifted by renewed hopes for US-Iran peace talks that drove oil prices below $100 per barrel. US President Trump said discussions with Iran could resume in Pakistan within the next two days after collapsing last weekend, reinforcing expectations of a de-escalation in the conflict. On broader corporate developments, ICICI Prudential AMC reported strong profit growth on robust retail inflows, Swaraj Engines posted solid earnings gains reflecting rural demand strength, Hindustan Zinc secured a new mineral block to expand resources, and HG Infra Engineering won a 5.19 billion rupee contract, highlighting continued momentum in India’s financial, industrial, and infrastructure sectors. HDFC Bank, Bharti Airtel, Vedanta, and Reliance Industries saw gains of 0.6%-1.7%, while Infosys rose 3.3%, Hindalco added 3.8%, and Billionbrains jumped 5.3%.
