D-St investors gain Rs 5 lakh cr as Sensex soars 900 pts; Nifty tops 23,200. US ceasefire push among 4 factors behind today's surge

Indian stock markets surged on Wednesday, with the Sensex and Nifty experiencing significant gains, extending their recovery from recent selloffs. This optimism is fueled by expectations of a de-escalation in the US-Iran conflict, following reports of a US peace proposal and Iran's alleged agreement on nuclear weapons.