Indian shares surged as trade tensions between the U.S. and India eased, with officials meeting in New Delhi to discuss a trade deal. Progress depends on the U.S. rolling back a 25% duty on Russian oil. Global market cues and expectations of a Fed rate cut also boosted sentiment. The BSE Sensex rose 0.73% to 38,380.69, while the NSE Nifty gained 0.68% to 25,239.10. Mid-cap and small-cap indexes also climbed. Top gainers included Axis Bank, Tata Steel, and Bharti Airtel, rallying 2-3%. Market breadth was positive, with more shares rising than declining.

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