New Delhi, March 25 -- The domestic benchmark indices, Nifty 50 and Sensex, on Tuesday, March 24, participated in a global surge on Tuesday, spurred by US President Donald Trump's decision to delay strikes on Iran's power grid amid mixed messages regarding negotiations between the two countries, with a recovery in major player HDFC Bank boosting the indices.

Iran claimed there had been no discussions and launched missiles at Israel following Trump's decision to postpone attacks on its energy infrastructure, citing constructive conversations with Iranian officials.

The Nifty 50 increased by 1.78% to reach 22,912.40 points, while the Sensex climbed 1.89% to 74,068.45. Every one of the 16 major sectors experienced gains.

The broader categ...