Global markets rallied after a peace accord was reached in the Gaza region, easing geopolitical tensions and boosting risk appetite. Indian equities joined the uptrend as foreign institutional investors stepped up buying, with net inflows crossing ₹2,800 crore on Thursday. Crude oil prices stabilized near $84 per barrel, providing relief to import-heavy economies. Analysts said the accord’s de-escalation effect could sustain short-term market optimism while supporting broader emerging market sentiment.