Benchmark equity indices Sensex and Nifty surged in early trade on Monday (May 25, 2026) supported by a sharp correction in crude oil prices and a rally in global markets amid improving sentiment surrounding the U.S.-Iran negotiations.

The 30-share BSE Sensex jumped 908.98 points to 76,317.85 in early trade. The 50-share NSE Nifty surged 262.65 points to 23,977.70.

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From the 30-Sensex firms, Mahindra & Mahindra, HDFC Bank, Bajaj Finance, Bajaj Finserv, Larsen & Toubro, and InterGlobe Aviation were among the biggest winners.

Tata Consultancy Services and Sun Pharma were the laggards.

Brent crude, the global oil benchmark, tanked 5.58% to trade at $97.76 per barrel.

“We are starting the week on a positive note. Crude has dipped $5 to below $100 on expectations that U.S. and Iran are close to a deal. The market will wait and watch for clarity and certainty since many similar expectations have been belied since the start of the war. If this expected deal holds and crude drifts down, that can turn out to be turning point for the market,” V K Vijayakumar, Chief Investment Strategist, Geojit Investments Ltd, said.

In Asian markets, Japan’s Nikkei 225 index and Shanghai’s SSE Composite index were trading higher. Markets were closed in South Korea and Hong Kong due to holidays.

U.S. markets ended in positive territory on Friday.

Crude oil prices have corrected sharply, marking a significant pullback from recent highs above the USD 100-105 zone, Ponmudi R, CEO of Enrich Money, an online trading and wealth-tech firm, said.

“The decline in oil prices is being viewed as a meaningful positive for India’s macroeconomic outlook, as softer energy prices help ease concerns around inflation, import costs and corporate profitability,” he added.

Foreign Institutional Investors (FIIs) offloaded equities worth ₹4,440.47 crore on Friday, according to exchange data.

On Friday, the Sensex climbed 231.99 points, or 0.31%, to settle at 75,415.35. The Nifty edged higher by 64.60 points, or 0.27%, to end at 23,719.30.

Stock markets rallied for the third consecutive day on Monday (October 6, 2025), with benchmark Sensex climbing 583 points and the Nifty reclaiming the 25,000-level following value buying in IT and financial shares.

The 30-share BSE Sensex jumped 582.95 points or 0.72% to settle at 81,790.12. During the day, it zoomed 639.25 points or 0.78% to 81,846.42.

The 50-share NSE Nifty surged by 183.40 points or 0.74% to 25,077.65. Nifty has advanced 466 points or 1.89% in three sessions to regain the 25,000 level on Monday (October 6, 2025) on value buying by investors.

Among Sensex firms, Tata Consultancy Services, Tech Mahindra, Axis Bank, Bajaj Finance, Eternal, Infosys, Kotak Mahindra Bank and Bajaj Finserv were the major gainers.

However, Tata Steel, Adani Ports, Power Grid and Titan were among the laggards.

“The domestic equity market ended the session on a positive note, led by gains in the financial services and IT sectors, ahead of the Q2 results. The banking index outperformed, bolstered by strong quarterly updates announced by large scheduled banks and attractive valuations,” Vinod Nair, Head of Research, Geojit Investments Limited, said.

The BSE midcap gauge climbed 0.68%, while smallcap index dipped 0.20%.

Among sectoral indices, BSE Focused IT surged the most by 2.21%, followed by IT (1.96%), teck (1.60%), bankex (1.10%), healthcare (1.05%) and financial services (0.93%).

Commodities, FMCG, telecommunication, utilities and metal were among the laggards.

“Market remained in positive territory through the session mainly aided by gains in banking, IT and healthcare stocks. Despite the upmove, it was not a broad-based rally, indicating that undertone still remains cautious with a weak bias owing to sharp selling by overseas investors,” Prashanth Tapse, Senior VP (Research), Mehta Equities Ltd, said.

In Asian markets, Japan’s Nikkei 225 index jumped nearly 5%, while Hong Kong’s Hang Seng index settled lower. Markets in China and South Korea were closed for holidays.

Stock markets in Europe were trading lower. U.S. markets ended on a mixed note on Friday (October 3, 2025).

Global oil benchmark Brent crude jumped 1.78% to $65.68 a barrel.

Foreign Institutional Investors (FIIs) offloaded equities worth ₹1,583.37 crore on Friday (October 3, 2025), according to exchange data.