Indian benchmarks Sensex and Nifty surged 2.3% and 2.0% respectively, with mid/smallcaps outperforming after West Asia tensions eased and crude fell below $90/bbl. Nifty Midcap100 up 2.43%, Nifty Smallcap100 up 2.80% Bullish near-term momentum with risk of profit-taking if geopolitical optimism fades or Fed policy disappoints.