In early trade, Indian equity benchmarks experienced notable gains, with the S&P BSE Sensex increasing by 457.86 points (0.61%) to reach 77,489.67 and the Nifty 50 index rising by 152.95 points (0.64%) to 24,185.75. This surge is attributed to easing geopolitical tensions following diplomatic efforts between the United States and Iran, which have contributed to a decline in crude oil prices, with Brent crude dropping below $110 per barrel. The Indian rupee also strengthened, trading at approximately 94.9750 against the US dollar. Despite the positive market sentiment, investors are closely monitoring Q4 earnings results for further direction. Notably, Poonawalla Fincorp's stock rose 3.37% after reporting a significant increase in net profit for Q4 FY26. Conversely, Dalmia Bharat Sugar & Industries saw a decline of 4.89% following a drop in net profit. Overall, the market breadth was strong, with 2,197 shares advancing and 821 shares declining on the BSE.