In a strong morning session, the Nifty 50 index climbed 292.30 points or 1.24%, surpassing the 24,250 mark, while the S&P BSE Sensex rose by 921.43 points to reach 77,808.34. This rally was fueled by robust earnings reports and growing optimism regarding a potential early resolution to the ongoing conflict in the Middle East. The Nifty Auto index saw a notable increase of 2.35%, driven by gains from major automotive companies such as Maruti Suzuki, which rose 4.57%, and Tata Motors, which increased 3.05%. Overall market breadth was positive, with 2,388 shares advancing and 1,274 shares declining. The NSE's India VIX, which measures market volatility, decreased by 5.63% to 17.03, indicating a more stable market outlook. Notable earnings reports included CEAT, which saw its consolidated profits more than double, leading to a 7.81% rise in its stock price.