Indian equity benchmarks Sensex and Nifty50 extend gains for a third and fourth consecutive session, respectively, on Wednesday, closing higher. Multiple reports attribute the rise to easing crude oil prices, which investors link to a reported US–Iran peace deal and softer energy costs. Alongside this, markets also respond to positive cues from abroad, with broader optimism visible as gains are not limited to a narrow set of stocks. While there are mentions of continued foreign fund outflows, both indices still record an overall uptick during the session. One report notes foreign investment dynamics in the context of the rally, alongside the global and oil-led sentiment. Another report highlights IT stocks as leading the move, citing HCL Tech’s announcement of a significant investment. Together, the coverage indicates that the market’s upward trend is driven by a combination of macro factors—especially crude oil’s direction and international sentiment—and sectoral participation, with gains spread across the broader market.