Stock market today, April 8 -- Equity benchmark indices Sensex and Nifty 50 were witnessing a significant uptick in Wednesday, April 8 afternoon trading, following a notable surge in global markets and a decrease in crude oil prices after a two-week ceasefire was announced by the US and Iran.

The 30-share BSE Sensex soared by 2,988.82 points, or 4%, reaching 77,605.40. The 50-share NSE Nifty climbed by 890.35 points, or 3.85%, hitting 24,014.

In the meantime, the Reserve Bank of India decided to maintain its key policy rate at the same level on Wednesday, taking a prudent wait-and-see approach as policymakers evaluated the implications of the six-week Iran conflict on energy supplies, inflation, and economic growth.

The six-member Mone...