Stock Market Highlights Today: Nifty gained over 200 points, is a broader bull run forming or not yet clear? – 25 June 2026

Indian equities extended gains on Thursday as Nifty 50 climbed over 200 points to trade above 24,250, while the Sensex jumped nearly 800 points, driven by a sharp fall in Brent crude prices to pre-war levels and supportive global cues.

Market overview

Index	**25 Jun Close (approx.)	Move & % Change	Comments
Nifty 50	24,259	approx. +200 pts (about +0.9%)	Reclaimed 24,250 on crude-led risk-on sentiment.
Sensex	77,786	approx. +800 pts (about +1.0%)	Large caps led by autos, banks, select FMCG.
Nifty Midcap 100	approx. flat to mildly positive	approx. +0.2%	Underperformed headline indices, gains capped.
Nifty Smallcap 200	approx. flat	approx. 0% to slight negative	Slipped into red intraday.
India VIX	12.92	-3.5%	Volatility gauge eased, aiding risk appetite.

Note: figures are approximate; final exchange data not available at time of publication.

• BSE market capitalisation rose by nearly ₹2 lakh crore to about ₹478 lakh crore, per BSE figures.
• Market breadth on NSE stayed weak: 1,705 declines, 1,421 advances, 102 unchanged, according to NSE data.
• Analysts flagged the move as large-cap driven, with broader participation still tentative.

Key movers

Top gainers

Stock	Sector	Notable Factor
Maruti Suzuki	Auto	Gained nearly 5%, tracking crude fall and strong retail demand indicators.
InterGlobe Aviation (IndiGo)	Aviation	Rose about 5%, benefitting from lower fuel cost outlook.
Mahindra & Mahindra	Auto	Rallied over 2%, aided by sector-wide buying and positive structural outlook.
ICICI Bank	Banking	Advanced 1–4%, supported Bank Nifty strength.
Larsen & Toubro	Capital goods	Extended gains after recent base formation and easing geopolitical risk.

Note: figures are approximate; final exchange data not available at time of publication.

Top losers

Stock	Sector	Notable Factor
Titan	Consumer discretionary	Declined over 1%, bucked broader large-cap rally.
Tech Mahindra	IT	Fell more than 1%, lagged as IT trade stayed mixed.

• Hindustan Unilever, SBI, Kotak Mahindra Bank, HDFC Bank and UltraTech Cement gained between 1% and 4%.
• Nifty IT traded in a narrow band, with TCS, Infosys and HCL Tech posting modest gains.

Sectoral action

Sector / Index	**Direction (approx.)	Key Drivers
Nifty Auto	up 2–3%	Crude at pre-war levels, lower metals, strong retail demand.
Nifty Realty	up nearly 2%	Benefitted from lower rate expectations and risk-on mood.
Nifty Private Bank	up over 1%	Bank Nifty strength, stable rupee, FII interest returning.
Nifty IT	up marginally	Range-bound trade with selective buying in large caps.

Note: figures are approximate; final exchange data not available at time of publication.

• Nifty Auto crossed its 200-day moving average, up about 15% from recent lows hit during West Asia tensions.
• At one point, Nifty Auto was up around 3%, according to NSE data.
• Most auto index constituents advanced, with Samvardhana Motherson, TVS Motor, Ashok Leyland and Bharat Forge among notable gainers.
• Broader auto space saw two-wheelers outperform four-wheelers in 2026 to date, with Eicher Motors and Bajaj Auto outpacing peers.

Macro and global cues

Market / Asset	Movement	Notes
Brent crude	about -1.7% at $72.5	Fell to pre-Iran war levels as tankers exited Strait of Hormuz.
USD/INR	rupee up about 0.5% to 94.16	Strongest since early May, aided by crude fall and inflows.
Japan Nikkei	approx. +5%	Asian risk rally supported sentiment.
South Korea Kospi	approx. +5%	Continued high volatility, but strong up day.
Shanghai Composite	marginally higher	China equities ended slightly positive.

Note: figures are approximate; final exchange data not available at time of publication.

• Brent had earlier spiked to $120 and stayed above $100 for much of the Middle East conflict.
• The fall towards $70–72 is seen as easing growth and inflation risks for India.
• The rupee recovered from a record low of 96.96 last month, supported by policy steps to boost dollar inflows.
• “The absence of aggressive FII selling in recent sessions has helped keep the currency stable around current levels,” said Jateen Trivedi, VP Research Analyst, Commodity and Currency, LKP Securities.

Technical outlook on Nifty and Bank Nifty

• Nifty 50 tested resistance near its 100-day exponential moving average around 24,200.
• Analysts see this zone as a key supply area; a sustained break could open room towards 24,300–24,500.
• “We expect Nifty to head towards 24,500 in the coming week, with strong support placed at around 23,800,” said Dharmesh Shah, Head of Technical Research and VP at ICICI Direct.
• Shah views dips towards 23,800 as buying opportunities, citing crude softness and rupee stability.
• Another technical view pegs immediate Nifty support at 24,000, with next bands at 23,900 and 23,790–23,750.
• Resistance is seen at 24,090–24,150; a breakout could trigger short covering towards 24,300.
• Bank Nifty closed above 58,000, with near-term technical targets around 59,300 and support near 57,500.

Auto sector: from laggard to leader

• Auto stocks had underperformed in 2026, with Maruti Suzuki and Mahindra & Mahindra still down 15–17% year to date.
• The latest rally is linked to easing concerns on commodity and fuel costs and improved supply chains.
• VAHAN registration data for June so far shows total registrations up 23%, with passenger vehicles up around 30% and two-wheelers over 20%.
• Brokerage commentary highlights structural drivers: premiumisation, electrification, replacement demand and infrastructure spending.
• One brokerage noted that in Q4FY26, industry retail sales grew 23.3% year on year across passenger, two-wheeler and commercial segments.
• For FY27, industry body SIAM expects growth to continue across categories, supported by domestic demand.

Broader context: from stagnation to potential uptrend

• Over the last two years, Nifty 50 has delivered only about 2% returns, despite hitting a record 26,373.20 on 5 January 2026.
• On a one-year basis, the index is down about 4%, reflecting prior volatility from weak earnings, FPI selling and geopolitical risks.
• Historical analysis cited by market participants suggests that periods of two-year stagnation have often been followed by healthy one to three-year returns.
• Crude prices have fallen more than 30% from recent peaks, easing inflation pressures and supporting growth projections above 6.5%.
• External members of the monetary policy framework have indicated that if Middle East tensions stay contained and crude holds near $70, India’s growth in FY27 could exceed current forecasts.
• Analysts caution that monsoon progress remains a key risk, with an early season rainfall deficit reported, though some expect later months to offset June shortfalls.

Key market statistics

Statistic	Value / Change	Context
BSE market cap	approx. ₹478 lakh crore	Added nearly ₹2 lakh crore in Thursday’s session.
Advance / Decline (NSE)	1,421 / 1,705	Weak breadth despite headline index gains.
India VIX	12.92, down 3.5%	Lower volatility supports carry trades and options writing.

Note: figures are approximate; final exchange data not available at time of publication.

• Some analysts flagged deficient monsoon as a continuing negative, particularly for tractors, agro-machinery, fertilisers and rural-focused FMCG.
• Urban consumption, premium autos, IT and pharmaceuticals are seen as relatively insulated from rainfall variability.

FAQs

Q: Why did Nifty and Sensex rise today?

• The rally was driven by Brent crude falling to around $72.5, easing inflation and growth concerns.
• Supportive Asian markets and a firmer rupee boosted risk appetite.
• Autos, banks and select FMCG stocks led gains, while volatility declined.

Q: Which sectors led and which lagged the market?

• Nifty Auto, Nifty Realty and Nifty Private Bank led the advance.
• IT saw modest gains, while some consumer discretionary names like Titan lagged.
• Broader smallcap indices underperformed, with weak market breadth.

Q: What key technical levels should traders watch on Nifty?

• Immediate support is seen around 24,000–23,900, then 23,790–23,750.
• Resistance lies near 24,090–24,150; a break could target 24,300–24,500.
• Dips towards 23,800 are being viewed as potential buying zones by some analysts.

Frequently Asked Questions

Why did Nifty and Sensex rise today?

They gained on the back of sharply lower Brent crude prices, supportive Asian markets, a firmer rupee and strong buying in autos, banks and select FMCG names, even as broader market breadth remained weak.

Which sectors led the market rally and which lagged?

Nifty Auto, Realty and Private Bank indices led gains, supported by lower fuel and commodity costs and stable macro cues, while IT saw modest upside and some consumer discretionary and smallcap stocks lagged.

What are the key technical levels for Nifty in the near term?

Analysts cite support around 24,000–23,900 and then 23,790–23,750, with resistance near 24,090–24,150; a sustained breakout could open upside towards 24,300–24,500.