On Monday, Indian domestic equities saw a significant rebound, ending a three-day losing streak. The benchmark Sensex increased by 639 points (0.8%) to close at 77,304, while the Nifty 50 rose by 195 points (0.8%) to settle at 24,093. This rally was primarily driven by gains in Reliance Industries, which advanced 2.9%, and Sun Pharmaceutical Industries, which surged 7.03% following its acquisition of US-based Organon. The total market capitalisation of BSE-listed firms rose by ₹6.6 trillion to reach ₹468 trillion. Positive global cues, particularly reports of Iran's proposal to reopen the Strait of Hormuz, contributed to market sentiment. The Strait is crucial for global oil trade, handling nearly a fifth of the world's supply. Despite the positive closing, analysts caution that ongoing geopolitical tensions in the Middle East could limit a sustained rally. Broader markets also performed well, with the Nifty Midcap 100 up 1.5% and the Nifty Smallcap 100 advancing 1.9%, while all sectoral indices ended in the green, led by the Nifty Pharma index, which gained 2.6%.