The Indian stock market ended on a high note on April 21, with the Nifty 50 index rising 0.90% to close at 24,580 and the S&P BSE Sensex gaining 1% to reach 79,278. Investor sentiment improved due to expectations of renewed peace talks between the US and Iran, which could stabilize oil flows. The central bank's easing of restrictions on rupee derivative trades also supported financial stocks. Notably, the Nifty FMCG sector led the gains with a 2.55% rise, while Nifty Realty and Nifty Private Bank indices followed closely. Among individual stocks, Groww surged 9.1% to ₹214 after strong quarterly results, while PNB Housing Finance and Nestle India saw increases of 8% and 7.3%, respectively. The broader market reflected this positive trend, with the Nifty Midcap 100 and Nifty Smallcap 100 indices gaining 0.6% and 0.95%. On the downside, the Nifty Pharma sector was the only laggard, declining by 0.08%.