Dalal Street cheers Modi-Trump call over Hormuz Strait trade:Sensex roars 1,300 points; Nifty jumps nearly 400 points

Following the conversation between US President Donald Trump and his India counterpart PM Modi, the Indian benchmark indices advanced in early deals on Wednesday, 15 April, 2026. Sensex soared 1,300 points at opening. Similarly, Nifty jumped nearly 400 points. PM Modi and US President Trump held a 40-minute phone call. During the conversation, the two leaders discussed the Iran war and stressed that the Strait of Hormuz should remain open. PM Modi wrote on social media: US Ambassador to India Sergio Gor drops big hint on India-US trade deal: Following the 40-minute Modi-Trump talk, US Ambassador to India Sergio Gor dropped a big hint on the India-US trade deal. Describing the conversation as “A very positive and productive call,” Gor went on to add “Stay tuned,” hinting that there might be a soon-to-be announcement of the trade deal. Stocks like IndiGo, HCL Tech, Infosys, Ultra Cement, Bajaj Finance and LT were among the major gainers on the Sensex. Nifty IT emerges as highest gainer Sectorally, on the NSE, all the major indices soared at opening with Nifty IT rising the most by 2.93% followed by PSU Bank, Metal and Realty. Asian shares advance Wednesday US markets settle higher in overnight deals The Indian benchmark indices had settled lower on Monday, 13 April, 2026. The 30-company Sensex had lost 702.68 points. Similarly, the 50-company Nifty had ended 207.95 points lower to close at 23,842.65 points.