Stock markets rebound in early trade on softening crude oil prices

admin — Wed, 24 Jun 2026 05:09:00 +0000

FILE PHOTO: Men walk past a screen displaying market results outside the Bombay Stock Exchange (BSE) in Mumbai, India, April 7, 2025. REUTERS/Francis Mascarenhas TPX IMAGES OF THE DAY/File Photo
| Photo Credit: FRANCIS MASCARENHAS

Benchmark indices Sensex and Nifty rebounded in early trade on Wednesday (June 24, 2026) after falling sharply in the previous session, following softening crude oil prices and buying in blue-chips.

The 30-share BSE Sensex climbed 187.63 points to 76,388.31 in early trade. The 50-share NSE Nifty went up by 57.75 points to 23,878.85.

From the 30-Sensex firms, Tech Mahindra, ICICI Bank, Trent, Infosys, Tata Consultancy Services and Kotak Mahindra Bank were among the major winners.

Maruti, Bharti Airtel, NTPC and Tata Steel were among the laggards.

Foreign Institutional Investors (FIIs) bought equities worth ₹17.86 crore on Tuesday (June 23, 2026), according to exchange data.

Brent crude, the global oil benchmark, traded 1.02% lower at $76.29 per barrel.

“The crash in Brent crude to below USD 77 has removed the macro headwinds for India. Rupee has stabilised. FII selling appears to have tapered off. This is positive for the market,” V.K. Vijayakumar, Chief Investment Strategist, Geojit Investments Limited, said.

A senior U.S. official has said, the United States and India are “very, very close” to concluding a historic bilateral trade deal that will open the 1.4 billion-strong Indian market to American goods on reciprocal and mutually beneficial terms.

In Asian markets, South Korea’s Kospi and Hong Kong’s Hang Seng index quoted higher, while Japan’s Nikkei 225 index and Shanghai’s SSE Composite index traded lower.

U.S. markets ended sharply lower on Tuesday (June 23, 2026). The Nasdaq Composite tumbled 2.21% and the S&P 500 dropped 1.44%.

On Tuesday (June 23, 2026), the Sensex tanked 893.39 points, or 1.16 per cent, to settle at 76,200.68. The Nifty dropped 278.80 points, or 1.16 per cent, to end at 23,824.10.

Published – June 24, 2026 10:39 am IST

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Markets climb in early trade after two days of decline

admin — Mon, 21 Aug 2023 05:03:55 +0000

From the Sensex pack, Power Grid, NTPC, JSW Steel, HCL Technologies, Wipro, Tata Consultancy Services, Axis Bank, Tech Mahindra, Tata Steel and Tata Motors were among the gainers. (For Representational purpose only)

Equity benchmark indices rebounded in early trade on August 21 after two days of decline amid mixed global market trends.

The 30-share BSE Sensex climbed 145.44 points to 65,094.10 in early trade. The NSE Nifty gained 45.05 points to 19,355.20.

From the Sensex pack, Power Grid, NTPC, JSW Steel, HCL Technologies, Wipro, Tata Consultancy Services, Axis Bank, Tech Mahindra, Tata Steel and Tata Motors were among the gainers.

Mahindra & Mahindra, Maruti, Hindustan Unilever and Bajaj Finserv were among the laggards.

In Asian markets, Seoul and Tokyo were trading in the green while Shanghai and Hong Kong quoted lower.

The US markets ended on a mixed note on Friday.

“Since the developments in the US economy are the main influences on the market, all eyes will be on the Fed chief Jerome Powell’s speech at the Jackson Hole Symposium on Friday,” said V K Vijayakumar, Chief Investment Strategist at Geojit Financial Services.

Foreign Institutional Investors (FIIs) offloaded equities worth Rs 266.98 crore on Friday, according to exchange data.

Global oil benchmark Brent crude climbed 0.81 per cent to USD 85.47 a barrel.

The BSE benchmark had declined 202.36 points or 0.31 per cent to settle at 64,948.66 on Friday. The Nifty dipped 55.10 points or 0.28 per cent to end at 19,310.15.

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sensex markets – Artifex.News

Stock markets rebound in early trade on softening crude oil prices

Markets climb in early trade after two days of decline