Market Performance: Sensex and Nifty Continue Bullish Run
Indian stock markets continued their upward momentum for the third consecutive session on Thursday, June 26, ending at their highest levels in several months. Both benchmark indices posted gains of over 1%, reflecting buoyant investor sentiment.
- Sensex surged 1,003 points or 1.21%, closing at 83,759
- Nifty 50 gained 304 points or 1.21%, ending at 25,549
- Both indices now trade just 2.3% below their September 2024 peaks
Broader indices also maintained their upward momentum:
- Nifty Midcap 100: up 0.56%
- Nifty Smallcap 100: up 0.53%
Main News: What's Fueling the Market Surge?
1. Easing Geopolitical Tensions
Global investors cheered signs of easing hostilities between Iran and Israel. A fragile ceasefire continued for the second day, sparking hope for a more lasting peace.
- Conflict paused on June 25
- US President Trump confirmed upcoming diplomatic talks
- Positive response across global markets
2. Global Market Support
Positive trends in global indices further fueled gains:
- Japan's Nikkei 225 and China's Shanghai Composite traded in green
- US Futures indicated a strong opening
- Global investors shifted to "risk-on" mode
3. Dollar Index Slumps
The US Dollar Index dropped to a three-year low of 97 after President Trump criticized Federal Reserve Chair Jerome Powell in his latest remarks. A weaker dollar tends to:
- Boost emerging market inflows
- Improve foreign investor sentiment
- Support stronger INR performance
4. Domestic Institutional Buying
Despite continued foreign selling, strong domestic institutional investor (DII) support has been a key pillar for the rally:
- FPIs sold: ₹5,670 Crore (June so far)
- DIIs bought: nearly ₹70,000 Crore
- Mutual Funds invested: ₹36,000 Crore in June
5. Sectoral Highlights
Metal and oil stocks were the top gainers:
Sector | Gain |
Nifty Metal | +2.3% |
Nifty Oil & Gas | +1.86% |
All constituents of Nifty Metal ended in the green, and oil marketing companies surged due to lower crude prices.
Company Highlights: Individual Stock Movers
Among standout performers from the Nifty 500 pack:
- Brainbees Solutions: +17%
- Apar Industries, Raymond Lifestyle, Nuvama Wealth: +2% to +5%
Heavyweights also contributed to the rally:
- Bharti Airtel, Reliance Industries, Bajaj Finance, Adani Ports: each gained up to 2%
- HDFC Bank led the Nifty Bank rally, hitting a new high
Company Details: Key Index Breakout
- Nifty Bank hit a 52-week high of 57,076.95
- The banking sector saw heavy buying, primarily in private-sector banks
- Nifty Bank is now up 12% YTD in 2025
Summary of the Article
The Indian stock markets rallied sharply on June 26, with Sensex climbing 1,003 points and Nifty 50 soaring past 25,500. This marks an intense recovery phase backed by easing geopolitical tensions, firm global cues, and robust domestic institutional buying.
Key highlights include:
- Easing tensions between Iran and Israel following a temporary ceasefire
- A 3-year low in the US Dollar Index after President Trump's remarks
- Strong domestic inflows counterbalancing foreign exits
- Sectoral momentum in metals and oil & gas
- Record-breaking movement in Nifty Bank, led by HDFC Bank
This broad-based rally signals a positive sentiment across global and domestic fronts, positioning Indian markets for continued strength — provided current macro and geopolitical stability persists.
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