News India Live, Digital Desk: Despite global uncertainty and especially the ongoing war between US-Iran and tensions in the Strait of Hormuz, the Indian stock market has shown tremendous strength today (21 April 2026). This behavior of the market has surprised many investors because at present no final ‘Peace Deal’ has been reached and the tension still remains. According to market experts, this surge is not based only on any confirmed news, but on ‘expectation’ and ‘strategy’. 5 main reasons for the rise in the market. New hope of peace talks (Hopes of 2nd Round Talks): On Tuesday, April 21, there will be a rise in Nifty and Sensex. The biggest reason is the news of the second round of talks between America and Iran. The market is betting that even if a deal has not been reached yet, the war will not escalate further if the talks continue. Fall in crude oil prices (Brent Crude below $100): Despite the tension in Hormuz, the prices of Brent crude oil in the international market remain around $94-$95 per barrel. Investors are relieved that oil did not cross $100, which has reduced the pressure on India’s inflation and trade deficit. The market has already digested the ‘tension’ (Discounting Geopolitics): Analysts say that the stock markets have now become accustomed to this conflict. After the big fall at the end of February, the market has made its lowest level and now ‘Relief Rally’ is being seen on every positive sign. Support of Banking and IT Stocks: In today’s rally, big stocks like Axis Bank, HDFC Bank and ICICI Bank took over the market. Good corporate earnings results have reduced the noise of geopolitical news. Foreign and Domestic Institutional Investment (DII & FII Support): The confidence of domestic investors (DII) in the Indian market remains unwavering. Whenever foreign investors withdraw due to international tension, domestic funds are providing stability to the market by buying. Today’s market condition (April 21, 2026, till noon) Sensex: Crossed the level of 79,176 with a gain of about 655 points. Nifty 50: Crossed the level of 24,532 with a gain of about 166 points. Top Gainers: Axis Bank, State Bank of India (SBI), and Grasim. What are the risks ahead? Although the market is strong, experts have advised to be cautious. If the Strait of Hormuz is completely closed and the oil supply is disrupted, then crude oil may again move towards $105-$110. In such a situation the market may lose its recent gains.
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