New Delhi, April 6 -- The Indian stock market witnessed a sharp reversal in sentiment during Monday's trade (April 6), recovering all its early losses to end with strong gains after reports emerged that Iran and the United States had received a plan to end hostilities.

With a gain of over 1%, the Nifty 50 posted its biggest single-day jump in three weeks, while the Sensex also surged 1% to settle at the 74,106 level.

The broader markets staged a strong recovery as well, with both the Nifty Midcap 100 and Nifty Smallcap 100 indices rising over 1.3%.

A framework to end hostilities has been put together by Pakistan and shared with Iran and the U.S. overnight, outlining a two-tier approach-an immediate ceasefire followed by a comprehensive...