 "stock market")
Indian equity markets opened gap-up on Thursday after US President Donald Trump said that Washington did not necessarily have to respond to Iranian attacks at American military basis in Iraq. Tempering days of angry rhetoric, Trump suggested Iran was "standing down" while Tehran offered no immediate signal it would retaliate further over a January 3 US strike that killed one of its senior military commander Qassem Soleimani.
Taking cues from this temporary calm in US-Iran tensions, the S&P BSE Sensex surged over 600 points, or 1.5 per cent, to 41,440 levels on Thursday. The broader Nifty50 index reclaimed the psychological
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