New Delhi, March 26 -- Amid optimism that the war clouds over the Middle East could potentially ease soon, domestic equities have witnessed renewed buying in recent sessions, instilling much-needed confidence among Dalal Street investors.

Elevated crude oil prices and concerns over gas shortages had triggered panic selling through most of March. However, sentiment has reversed following US President Donald Trump's remarks suggesting a potential end to the war, boosting demand for riskier assets.

Over the last two trading sessions, the Nifty 50 has staged a sharp rebound, gaining 794 points, or 3.52%, to reach the 23,306 level, recovering a significant portion of its recent losses. Earlier this week, the index had slipped to its lowest l...