The Peepal tree, also known as the Bodhi tree, is considered sacred in Hinduism and Buddhism. It is believed to be the tree under which the Buddha attained enlightenment, and as such, it is considered a symbol of enlightenment and spiritual awakening. In Hinduism, the Peepal tree is associated with the Trimurti, or the three aspects of the divine, and is believed to have the power to grant wishes and bless those who worship it. Many Hindus perform puja, or religious rituals, under the Peepal tree, and it is considered a sacred site for meditation and spiritual practice.