New Delhi, June 15 -- Indian equity markets witnessed a strong bullish momentum on Monday morning, opening significantly higher and trading firmly in the green. The BSE SENSEX stood at 76,656.61 points, marking a substantial jump of 1128.66 points or 1.49 per cent. Similarly, the NSE NIFTY 50 climbed 350.40 points or 1.48 per cent to trade at 23,973.30 points.

The sharp rally follows a significant overnight de-escalation of geopolitical tensions in West Asia and a subsequent slide in global oil benchmarks, boosting investor confidence across Asian markets.

The primary catalyst for the widespread market optimism is the landmark diplomatic breakthrough between the US and Iran. Earlier, United States President Donald Trump on Monday announ...