On Wednesday, the Indian share market traded in green with the Nifty 50 opening at 24,163.80, reaching a high of 24,280.90 and closing at 24,231.30, up by 1.63%. Similarly, the BSE Sensex opened at 77,981.10, reached a high of 78,270.42, and ended at 78,111.24, up by 1.64%.The Indian share market traded in green, driven by renewed hopes of peace talks between the US and Iran, and easing crude oil prices below $100 per barrel.Reasons for the positive sentimentThe following are the reasons for the positive sentiment in the stock market:De-escalation of geopolitical tensions in the Middle East. India VIX declined by 9.56% to 18.54, signalling declining volatility in Indian markets. The rupee gained 0.2% to 93.17 against the U.S dollar.Major Indices Today IndicesLTPPrev closeChangeNifty 5024,231.3023,842.651.63%BSE Sensex78,111.2476,847.571.64%Next 5068,569.3567,123.302.15%Bank Nifty56,301.9555,605.051.25%Fin Nifty26,445.0026,047.501.53% The major indices, Nifty 50 and Sensex, traded in green, led by gains in IT, financial services, metals, and PSU bank stocks.Nifty Next 50 traded higher, driven by renewed hopes for a de-escalation in the US-Iran conflict.Nifty Bank traded in green due to risk-off market appetite and sustained buying interest after a massive sell-off on Monday.Sectoral Indices Today IndicesLTPPrev closeChangeNifty IT31,539.7530,669.802.84%Nifty Auto26,483.1026,084.551.53%Nifty FMCG48,290.4047,570.401.51%Nifty Pharma22,435.6522,100.101.52%Nifty Healthcare14,423.6514,154.951.90%Nifty Oil & Gas11,274.6511,035.902.16% Nifty IT traded in the green amid hopes for new negotiations between the US and Iran and easing concerns about AI-led disruption.Nifty Auto traded in the green after easing crude oil prices.Nifty FMCG and Nifty Pharma traded in the green, driven by positive and risk-off appetite in the market.Nifty Oil and Gas traded higher following the rebound optimism in the market due to renewed hopes of US-Iran peace talks.Market Movers Today Minda Corporation: Its shares jumped close to 2% in initial trade following news of its association with a UK-based firm for a joint venture to boost the business of its Electric Vehicle segment.HG Infra Engineering: Share price of the company is up by 16% after receiving an order worth Rs 519 crore from Mirzapur Thermal Energy Limited for civil & p-way work in the state of Uttar Pradesh.Railtel Corporation of India: Shares of the company gained around 11% after receiving orders worth Rs 608 crore from RVNL for the SITC of the Integrated Tunnel Communication System and from Uttar Pradesh Police Recruitment and Promotion Board for providing security-related ancillary services during recruitments.MVK Agro Food Product: Its stock has witnessed sharp declines by 2.45% due to its fall below its 30-day and 50-day averages.ICICI Prudential Life Insurance: Its share price has been up by 7% after the company's earnings saw an increase by 58%, driven by higher policy sales and renewal income.Top Gainers Company NameLTPPrev CloseChangePG Electroplast537.90486.8510.49%Suzlon Energy49.1345.867.13%Inox Wind93.4187.556.69%Siemens3,576.103,343.506.96%Angel One297.76280.466.17% Top Losers Company NameLTPPrev CloseChangeIndus Towers 420.25438.35-4.15%Oil India463.25477.15-2.91%Indian Bank946.00966.50-2.12%Dr. Reddy’s Laboratories1,217.801,235.90-1.46%Delhivery459.80465.30-1.18% 52W High Stocks Company NameLTP52W highChangeTitan4,522.204,534.001.87%Adani Power183.43187.071.15%Hindalco Industries1,011.451,038.003.39%Power Finance Corporation444.75466.502.58%ABB6,873.006,993.000.65% 52W Low Stocks Company NameLTP52W lowChangeAmir Chand Jagdish Kumar (Exports)124.48117.023.92%Perfect Infraengineers1.401.303.70%R&B Denims15.6615.66-4.98%Lexus Granito19.1819.18-4.96% High Volume Stocks Today Company NameLTPPrev CloseChangeVodafone Idea9.449.252.05%Suzlon Energy49.1345.867.13%Yes Bank19.3618.882.54%Eternal246.67236.224.42%Adani Power183.43181.351.15% IPOsOm Power Transmission IPO allotment has been finalised today, with its tentative listing on April 17, 2026. The price band set for the IPO is at ₹166 to ₹175 per share.Market AnnouncementsGAIL will invest Rs 3,800 crore on building 700 MW solar capacity in Uttar Pradesh and Maharashtra in order to meet the captive power requirements of their petrochemical plant in Pata, Uttar Pradesh.Shares of Ujjivan SFB dip by 5.5% as the RBI rejects the universal banking application of the bank. The RBI advised the bank that it should apply again once it had a diversified loan book.