<h1>Indian equity markets surge 1,000 points as investors hunt bargains amid easing Middle East tensions</h1> Indian equity markets rebounded strongly, with the benchmark index gaining over 1,000 points or 1.29 percent, ending a three-day losing streak. The rally was driven by bargain hunting in financial, telecom, and technology stocks following a correction in global crude oil prices. Easing Middle East tensions and expectations of dialogue between the US and Iran reduced immediate military action risks, supporting investor sentiment. Foreign institutional investors purchased equities worth approximately 935 crore, while domestic institutional investors bought around 606 crore worth of shares, contributing to the market recovery.