In mid-morning trade, the S&P BSE Sensex gained 428.31 points or 0.56%, reaching 77,092.52. The Nifty 50 index also saw an increase of 134.10 points or 0.56%, surpassing the 24,000 mark at 24,033.10. Investor sentiment was buoyed by reports of Iran proposing a peace initiative to the United States, which helped ease geopolitical tensions and improved global risk appetite. The Nifty Media index rebounded by 2.56%, with notable gains from Zee Entertainment Enterprises (up 4.34%) and Saregama India (up 4.25%). In the broader market, the BSE 150 MidCap Index rose 1.17% and the BSE 250 SmallCap Index surged 1.65%. The market breadth was strong, with 2,943 shares rising against 1,101 shares that fell. Noteworthy stocks included Tanla Platforms, which soared 10.43% after reporting a 2.25% increase in net profit, and Sun Pharmaceutical Industries, which jumped 6.76% following an acquisition announcement. Despite the positive sentiment, the Dow Jones Industrial Average fell slightly by 0.16%, reflecting mixed global market reactions.