Sensex and Nifty News: Markets Soar as Sensex Gains 700 Points, Nifty Closes Near 25,250

Market Performance

On Wednesday, June 25, the Indian stock market surged, buoyed by easing global tensions and solid domestic sentiment.

• Sensex opened at 82,448.80 and soared to an intraday high of 82,815.91, eventually closing at 82,755.51, up 700 points or 0.85%.
• Nifty 50 opened at 25,150.35, peaked at 25,266.80, and settled at 25,244.75, up 200 points or 0.80%.

Sectoral Highlights:

• Nifty Media led the gains: + 2.1%
• Nifty IT rallied: + 1.7%
• Nifty Infra: + 0.91%
• Nifty Auto: + 0.82%
• Other indices, such as FMCG, Pharma, PSU Banks, and Metals, saw mild gains.

Broader Markets:

• Nifty Smallcap 100: + 1.42%
• Nifty Midcap 100: + 0.21%

Market Sentiment:

• India's VIX dropped by 4%, ending at 13.10, reflecting lower volatility and improved investor confidence.
• Overall, 2711 stocks advanced, 1163 declined, and 127 remained unchanged.

Main News: What Drove the Market Rally?

A combination of global and domestic factors boosted Indian equity benchmarks:

1. Cooling Geopolitical Tensions

The ceasefire between Israel and Iran held firm, calming investors.

• No major escalations were reported.
• Global risk-off sentiment receded.

2. Strong Domestic Fundamentals

• India continues to rank among the world's fastest-growing major economies.
• FY26 GDP growth is likely to stay above 6%.
• Early and above-average monsoon performance added to optimism.
• As of June 24, India's rainfall was reported to be 4% above the long-term average.

3. Domestic Investor Support

• FPIs sold ₹5,266 Crore worth of equities in the prior session.
• DIIs bought ₹5,209.60 Crore during the same time.
• In June (up to 24th), FPIs net sold ₹3,243.18 Crore, while DIIs net purchased a massive ₹67,587.67 Crore.

This strong domestic institutional inflow helped offset foreign sell-offs.

4. Stable Crude Oil Prices & Dollar Index

• Brent crude remained below $80 per barrel, helping to keep inflationary pressures in check.
• The Dollar Index remained below the 100 mark, supporting emerging market investments.

Company Details & Sector Buzz

IT Stocks Rally

• A strong comeback by IT stocks boosted overall market momentum.
• The Nifty IT Index rose by nearly 2%, aided by favorable global cues.

Global Rate Cut Hopes

• Following US Fed Chair Jerome Powell's testimony, hopes for a rate cut in July or September increased.
• This enhanced prospects for IT firms, which generate substantial revenue from the US market.

Summary of the Article

• Sensex jumped 700 points, closing at 82,755.51.
• Nifty 50 ended near 25,250, marking a 0.80% rise.
• The media, Infrastructure, and Auto sectors led the gains.
• Broader markets participated actively, with Small Caps and Mid Caps also closing in the green.
• Positive triggers included geopolitical stability, strong monsoon trends, and steady crude prices.
• DIIs showed strong buying interest, balancing FPI outflows.
• Market volatility decreased, reflecting an improvement in investor sentiment.