Stock market today, May 25 -- The domestic benchmark indices opened sharply higher on Monday, 25 May, after Brent crude prices slipped below $ 100 per barrel for the first time in over two weeks, boosting investor sentiment. The decline in oil prices came amid growing optimism over a potential agreement to end the Iran conflict, which could reopen the strategically important Strait of Hormuz.

US President Donald Trump said on Saturday that Washington and Iran had largely negotiated a framework for a peace deal that could restore shipping through the Strait, a key route that previously handled nearly one-fifth of global oil and LNG trade. Investors largely shrugged off Trump's subsequent comments on Sunday that cautioned against expecting...