<h1>Indian equity markets surge third day as Sensex gains 415 points on Middle East ceasefire optimism</h1> Indian equity markets rallied for the third consecutive day, with the Sensex climbing 415 points to 83,171 and Nifty rising 115 points to 25,359, driven by optimism over a ceasefire between regional powers in the Middle East. Major gainers included electronics, steel, telecom, and finance companies, while technology and banking stocks lagged. Asian markets showed mixed performance with some indices higher. Market analysts noted global risk-on sentiment but cautioned about sustainability due to pending trade tariff issues. Foreign institutional investors sold equities worth Rs 2,427 crore while domestic investors purchased Rs 2,372 crore worth of stocks.