Market rallies 4% as Sensex and Nifty 50 achieve best gains in five years amid ceasefire hopes and falling crude prices.

New Delhi: Indian benchmark indices opened with significant gains on Wednesday as global investor sentiment improved following the announcement of a

Japan's benchmark Nikkei 225 rose 4.8% and South Korea's Kospi gained 5.6%. Futures for the S&P 500 advanced 2.3% as of 9:30 pm EDT, while Dow futures rose 2%.