# The Nifty 50 rose 3.16% to 23,855.15 and the Sensex jumped 3.58% to 77,290.63 as of 9.

*business · news · 2026-04-08 · MarketScreener*

## Key points

- Indian shares surged after a two-week ceasefire agreement between the U.S. and Iran.
- Crude oil prices dropped to $95 a barrel following the ceasefire announcement.
- All 16 major sectors in Indian markets advanced, with small-caps and mid-caps rising over 3%.
- The Reserve Bank of India is expected to keep interest rates unchanged amid Middle East uncertainty.

**Countries:** India, United States, Iran

[Read the full story on MarketScreener](https://www.marketscreener.com/news/indian-shares-jump-on-iran-ceasefire-rbi-decision-eyed-ce7e50dada8df22c)

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