New Delhi, April 15 -- The Indian stock market has seen healthy gains in April, largely due to the diplomatic efforts towards ending the conflict in West Asia and a downtick in crude oil prices.

Market barometer Sensex has surged nearly 9% in April so far, looking set to snap its four-month losing streak.

Market sentiment has improved as hopes rise that the US and Iran will end their conflict soon. After the first round of talks between the two countries failed, the second round of talks is expected to resume in the coming few days, according to media reports.

However, risks persist. No one knows if the second round of talks will result in desired outcomes. There is still not much clarity on how Washington and Tehran will iron out the ...