Indian shares rise on reports of possible Iran war ceasefire

Sagility

25/03/2026 06:17

** Indian shares rise on Mideast ceasefire reports; Nifty .NSEI, Sensex .BSESN gain 2.3% each

** All 16 major sectors advance; small-caps .NIFSMCP100, mid-caps .NIFMDCP100 up 2.7% and 2.2%, respectively

** Asian equities .MIAPJ0000PUS firm 1.5%; oil LCOc1 slips below $100/barrel MKTS/GLOB O/R

** Reports say U.S. seeking a month-long ceasefire in its war with Iran; sends Tehran 15-point plan to end conflict

** SBI Securities says clear signs of de-escalation, news of U.S.'s 1-month ceasefire proposal improved sentiment

** However, analysts say it may be premature to term rise as trend reversal in markets, given reports that U.S. is deploying more troops in Mideast

** HDFC Bank HDBK.NS rises 3.4%, extending Tuesday's 2.8% gain, after tapping external law firms to review ex-chairman's shock exit

** Sagility SAGL.NS climbs 6.8% after Nomura starts with "buy"

 (Reporting by Bharath Rajeswaran in Bengaluru)

 ((bharath.rajeswaran@thomsonreuters.com; +91 9769003463;))