Indian equity markets witnessed a sharp rally after optimism surrounding a potential Iran peace deal boosted global investor sentiment. Within minutes of trading, investor wealth surged by nearly ₹7.5 lakh crore as benchmark indices gained momentum. The rally was supported by multiple global tailwinds, including a weaker US dollar, an appreciating rupee, cooling crude oil prices, and strong performance across global markets. Market experts believe the Nifty's 24,000 level remains a key milestone, with further upside possible if geopolitical tensions continue to ease and the anticipated agreement progresses as expected. Analysts also pointed to improving risk appetite and renewed foreign investor interest as major drivers of the rally. The broader market mood remains positive, with investors hoping for a sustained bullish trend in the coming sessions.