Indian stock markets opened higher on Thursday, with the Nifty 50 increasing by 0.60% to reach 24,375.55 and the Sensex climbing 0.64% to 78,613.37. This surge follows optimistic news regarding potential peace talks between the U.S. and Iran, which have eased market fears and led to a decline in oil prices. All 16 major sectors of the market advanced, with small-cap and mid-cap stocks both rising by 1.1%. The broader Asian markets also reflected this positive sentiment, gaining 1.2%. The drop in Brent crude oil prices below $95 was attributed to reports suggesting Iran may allow ships to pass through the Strait of Hormuz, alleviating concerns about supply disruptions. Additionally, U.S. President Donald Trump indicated that Israel and Lebanon would engage in talks, further signaling a potential reduction in Middle Eastern tensions.