New Delhi, April 1 -- The Indian stock market benchmark indices, Sensex and Nifty 50, are expected to open higher on Wednesday, following a rally in global markets, amid hopes of an end to the US-Iran war in the Middle East.

Asian markets traded higher, while the US stock market jumped overnight, with the S&P 500, Nasdaq and Dow Jones Industrial Average recording their biggest one-day gains since May 2025.

The Indian stock market was closed for trading on Tuesday, March 31, on account of Mahavir Jayanti.

On Monday, the Indian stock market ended sharply lower as concerns over the US-Iran war and its impact on India's macroeconomic outlook.

The Sensex crashed 1,635.67 points, or 2.22%, to close at 71,947.55, while the Nifty 50 settled 4...