Stock markets rally as oil prices decline amid progress in U.S.-Iran talks; Sensex jumps 940 points
Benchmark Sensex rallied by 940 points on Wednesday (May 6, 2026) following a sharp decline in crude oil prices after U.S. President Donald Trump claimed progress in negotiations with Iran towards an agreement to end the war. Helped by fag-end heavy buying, the 30-share BSE Sensex jumped 940.73 points, or 1.22%, to settle at 77,958.52….