On March 31, 2026, Tuesday, the markets experienced a noticeable rebound, primarily driven by signals of de-escalation in Middle Eastern tensions. The war pricing that had been pressuring the markets for weeks was replaced yesterday by a "relief rally."

Here are the main factors behind the market rise:
1. Diplomatic Softening and Iran Messages
The most reassuring development for the markets was the messages from Iranian President Pezeşkiyan indicating openness to negotiations. Additionally, reports that U.S. President Trump is ready to end operations even if the Strait of Hormuz is not fully opened (WSJ) strengthened expectations that the conflict will not escalate further.
2. Decline in Oil Prices
With the reduced risk of war spreading, (Brent dropped to $106, #WTI to $102). This decrease in energy costs, especially amid rising inflation concerns recently, provided some relief to technology and growth stocks.
3. Strong Buying in U.S. Technology Stocks
Major tech companies, which had been oversold, led the rally yesterday:
The news of Nvidia's $2 billion investment in Marvell Technology boosted sector morale.
#petrol fiyatlarında zirve seviyelerden bir geri çekilme yaşandı (#Spx500 rose by 2.9%, marking one of the best daily performances in the last 10 months.
4. Borsa Istanbul and Domestic Market
Parallel to the increase in global risk appetite, Borsa Istanbul also closed the day positively:
#BIST100 started the day with a modest rise but tested the 12,700 level during the day, demonstrating resilience.
Purchases in industrial and financial index stocks especially supported the recovery.
In summary;
Yesterday, the market bought into the hope that the "worst-case scenario" )regional total war and complete closure of the Strait of Hormuz#Nasdaq %3,8, # would not occur. However, volatility may continue depending on the outcome of negotiations.