The Nifty 50 index in India traded above 24,350, reaching 24,357.35 with a gain of 26.40 points during Thursday morning trade. This uptick follows a rally from the previous session, driven by easing crude oil prices and positive sentiment regarding a potential resolution to the US-Iran conflict. The S&P BSE Sensex also saw a modest increase, adding 65.26 points to reach 78,023.78. Notably, the Nifty Auto index rose by 1.21%, marking a total increase of 4.74% over four consecutive trading sessions. Key auto stocks like Bosch, Hero MotoCorp, and Bajaj Auto contributed to this rally. Additionally, R Systems International's stock surged by 3.92% after reporting a 69.5% year-on-year increase in net profit for Q1 2026, while Avalon Technologies saw a 9.99% rise following a similar profit increase. Overall, market breadth was strong, with 2,445 shares advancing against 1,222 shares declining on the BSE.