Thu Jun 26 11:49:19 UTC 2025: Okay, here’s a summarized news article based on the provided text:

**Sensex and Nifty Soar as Geopolitical Tensions Ease**

**Mumbai, June 26, 2025:** Indian equity markets surged for the third consecutive session on Thursday, with the Sensex and Nifty indices both gaining over 1%. The rally was fueled by strong buying activity in heavyweight stocks such as HDFC Bank, Reliance Industries, and ICICI Bank, triggered by an easing of geopolitical tensions in West Asia. The BSE Sensex closed at 83,755.87, a jump of 1,000.36 points or 1.21%, while the NSE Nifty ended at 25,549, up 304.25 points or 1.21%.

Stable crude oil prices and a strengthening rupee, driven by a weaker U.S. dollar, further boosted investor sentiment. Tata Steel, Bajaj Finance, Bharti Airtel, and Adani Ports were among the top gainers in the Sensex pack. Reliance Industries’ market valuation once again surpassed ₹20 lakh crore. While most sectors participated in the rally, with metals, financials, and energy leading the gains, IT and realty stocks lagged.

According to Vinod Nair, Head of Research at Geojit Investments Limited, Domestic Institutional Investors emerged as net buyers, supported by improving liquidity and a rebound in domestic consumption. Ajit Mishra, SVP at Religare Broking Ltd, highlighted the decisive session driven by stable global cues and strong buying in select heavyweights.

Asian markets showed mixed performance, while European markets traded positively. The rupee strengthened to 85.67 against the U.S. dollar. Foreign Institutional Investors offloaded equities worth ₹2,427.74 crore, while Domestic Institutional Investors bought stocks worth ₹2,372.96 crore.

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