On April 14, 2023, the GIFT Nifty index experienced a significant rebound, rising 350 points as market sentiment improved due to hopes of renewed peace talks between the United States and Iran. This optimism is fueled by Pakistan's efforts to mediate further negotiations, which could potentially resolve ongoing conflicts in the region. As a result, global risk appetite has increased, contributing to the recovery of the US stock market, where major indices like the S&P 500 and Nasdaq 100 also reported gains. The S&P 500 rose 1% to 6,961, nearing its record high. Meanwhile, crude oil prices saw a decline, with Brent crude dropping to $94.63 per barrel, as expectations for dialogue outweighed concerns about supply disruptions. The International Energy Agency has indicated that global oil demand may decline this year for the first time since the 2020 pandemic, reflecting the impact of rising prices on consumption.