<h1>Indian stock markets surge 1% for second day as Middle East tensions ease</h1> Indian benchmark indices Sensex and Nifty surged nearly 1 percent for the second consecutive day, driven by global market rally amid easing Middle East tensions following ceasefire developments. The Sensex jumped 700 points to close at 82,755, while Nifty climbed 200 points to 25,244. Market recovery was supported by moderating crude oil prices, favorable monsoon forecasts, and declining inflation despite continued foreign institutional investor outflows. Asian markets closed higher while European markets showed mixed performance. Foreign investors sold equities worth over 5,000 crore while domestic investors purchased similar amounts.