Indian equity markets witnessed a significant surge, with the Sensex and Nifty indices both rising by 2 percent, marking their largest single-day gains since June 7.

This rally contributed to a broader positive trend across global markets, as most major indices reported gains. In the United States, the Dow Jones Industrial Average increased by 1.06%, while the S&P 500 and Nasdaq Composite saw gains of 0.53% and 0.03%, respectively.

European markets also performed well, with the FTSE, CAC, and DAX all climbing over 0.5%, reflecting a strong global market sentiment.