📷 Image: Business Standard (via NewsData)
Business
Indian Stock Markets Surge: Sensex Gains 700+, Nifty Crosses 24,000
🗓 25 Jun 2026, 03:31 AM
👁 1
Indian equity benchmarks experienced a significant rebound on Wednesday, with the Sensex surging over 700 points and the Nifty reclaiming the 24,000 level. The rally was fueled by positive economic indicators and easing interest rate concerns.
India's key stock market indices, the Sensex and Nifty, made a strong comeback on Wednesday, marking a significant gain. The Sensex advanced by over 700 points, while the Nifty successfully crossed the 24,000 mark, indicating renewed investor confidence.
The positive market sentiment was bolstered by several factors. Notably, Reserve Bank of India Governor Sanjay Malhotra's statement that discussions regarding interest rate hikes were premature helped alleviate concerns about monetary tightening. This was further supported by an improved performance in South Korean markets.
Additional catalysts for the surge included optimism surrounding a potential trade agreement between India and the US, a decrease in crude oil prices to below $77 per barrel, and considerable buying activity from foreign institutional investors. Gains in major sectors like IT and private banking also contributed to the overall upward movement of the indices.
The positive market sentiment was bolstered by several factors. Notably, Reserve Bank of India Governor Sanjay Malhotra's statement that discussions regarding interest rate hikes were premature helped alleviate concerns about monetary tightening. This was further supported by an improved performance in South Korean markets.
Additional catalysts for the surge included optimism surrounding a potential trade agreement between India and the US, a decrease in crude oil prices to below $77 per barrel, and considerable buying activity from foreign institutional investors. Gains in major sectors like IT and private banking also contributed to the overall upward movement of the indices.