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Business
Indian Stocks Surge: Sensex Gains 291 Points, Nifty Crosses 24,100
✍️ Business Standard
🗓 23 Jun 2026, 12:32 AM
👁 3
Indian stock markets advanced on Monday, with the Sensex gaining 291 points and the Nifty surpassing the 24,100 mark. The rally was driven by cooling crude oil prices and strong foreign institutional investor (FII) support.
Domestic equity markets experienced a significant upturn on Monday, with key indices registering notable gains. The benchmark Sensex climbed 291 points, while the Nifty index surged past the 24,100 level. This positive movement was primarily attributed to a cooling trend in crude oil prices, which boosted investor confidence and risk appetite.
Further bolstering the market sentiment was the inflow of funds from foreign institutional investors (FIIs). Heavyweight stocks, particularly within the Reliance Industries and healthcare sectors, played a crucial role in propelling the Nifty higher. The buying interest in these sectors contributed substantially to the day's gains.
However, the overall market advance was somewhat tempered by a decline in specific sectors. Stocks in the consumer durables and fast-moving consumer goods (FMCG) segments experienced weakness, partially offsetting the broader market gains.
Further bolstering the market sentiment was the inflow of funds from foreign institutional investors (FIIs). Heavyweight stocks, particularly within the Reliance Industries and healthcare sectors, played a crucial role in propelling the Nifty higher. The buying interest in these sectors contributed substantially to the day's gains.
However, the overall market advance was somewhat tempered by a decline in specific sectors. Stocks in the consumer durables and fast-moving consumer goods (FMCG) segments experienced weakness, partially offsetting the broader market gains.