Sensex Jumps 400 Points, Nifty Storms Past 24,000 as Dropping Crude and Global Tech Rally Fuel Buying

Mumbai: Indian equity benchmarks extended their explosive winning streak on Thursday, June 25, 2026, as a powerful combination of plummeting global crude oil prices and a major tech-led rally in Asian markets fueled strong buying across domestic sectors. Building directly on the previous session’s massive recovery, the BSE Sensex surged more than 400 points in early trade, opening at a gap-up of 77,391.07. Concurrently, the broader NSE Nifty 50 comfortably cleared the psychologically crucial 24,000 threshold to trade well above 24,150, signaling an aggressive return of bullish momentum on Dalal Street.

This dramatic rise comes during a high-stakes weekly options expiry session for the Sensex, where traders are closely monitoring heavyweight stocks that carry the maximum index weight. Market sentiment was heavily supported by Reserve Bank of India Governor Sanjay Malhotra’s recent reassuring commentary, which effectively doused lingering fears of aggressive interest rate hikes by noting that inflation is not showing signs of generalizing across the broader economy. This domestic stability has given institutional investors the confidence to aggressively back local equities, with robust buying from Domestic Institutional Investors cleanly absorbing patches of foreign fund volatility.

A massive structural tailwind for the Indian economy came from the commodities market, where Brent crude oil futures slipped toward USD 73 per barrel, hovering near multi-month lows as shipping movements through the crucial Strait of Hormuz showed steady and reliable improvement. Because India is one of the world’s largest importers of oil, cheaper crude directly translates into cooling fiscal pressures and improved corporate margins across major energy-dependent sectors. This drop instantly ignited a wave of buying in Nifty Auto, Realty, and Cement indices, all of which posted gains exceeding one percent in early morning trades.