Indian stock market rebounds: Sensex jumps 444 pts, Nifty closes above 24,000

The 30-share BSE Sensex climbed 443.97 points, or 0.58%, to settle at 76,922.64; the 50-share NSE Nifty rallied 140.10 points, or 0.59%, to end at 24,005.85

Published - July 01, 2026 06:29 pm IST | Mumbai

PTI

Benchmark equity indices Sensex and Nifty rebounded on Wednesday (July 1, 2026) after two days of decline amid a positive trend in global markets and a fall in crude oil prices.

Also read: Rupee falls 67 paise to close at 95.23 against U.S. dollar

The 30-share BSE Sensex climbed 443.97 points, or 0.58%, to settle at 76,922.64. During the day, it jumped 631.41 points, or 0.82%, to 77,110.08.

The 50-share NSE Nifty rallied 140.10 points, or 0.59%, to end at 24,005.85.

Key Movers

From the Sensex pack, the following were among the major winners:

• Eternal
• Asian Paints
• Hindustan Unilever
• Adani Ports
• Mahindra & Mahindra
• State Bank of India

Among the laggards:

• HCL Tech
• Tech Mahindra
• Tata Consultancy Services
• Tata Steel
• Infosys

Market Snapshots

• Brent crude, the global oil benchmark, dropped 1.07% to $72.17 per barrel.
• BSE MidCap Select index edged marginally higher by 0.20%.
• SmallCap Select index eked out a marginal gain of 0.02%.

Sectoral Performance

Gainers:

• Realty: +3.56%
• FMCG: +1.76%
• Services: +1.35%
• Consumer Discretionary: +1.20%
• Auto: +1.10%
• MidSmall Private Banks Quality Tilt: +0.97%
• PSU Bank: +0.81%

Losers:

• Focused IT: -2.53%
• IT: -1.94%
• Metal: -0.87%
• Telecommunication: -0.34%

Broader Market

A total of 2,276 stocks advanced, while 1,995 declined and 176 remained unchanged on the BSE.

Analyst Commentary

"Indian benchmark indices opened on a positive note and extended their gains throughout the session, supported by improving global sentiment, easing geopolitical tensions, and stable crude oil prices," according to Bajaj Broking Research.

"The domestic markets entered H2CY26 on an optimistic footing as multiple headwinds began to abate, with the anticipated U.S.-India trade agreement, easing Middle East tensions, and benign oil prices emerging key drivers of positive sentiment," said Vinod Nair, Head of Research at Geojit Investments Ltd.

Global Markets

• Asia: Japan's Nikkei 225 index and Shanghai's SSE Composite index settled higher; South Korea's Kospi ended lower.
• Hong Kong: Markets were closed.
• Europe: Markets were trading mostly lower.
• U.S.: Markets ended in positive territory on Tuesday (June 30, 2026).

Institutional Activity

Foreign Institutional Investors (FIIs) offloaded equities worth Rs 2,556.75 crore on Tuesday, according to exchange data.

Previous Session Recap

On Tuesday (June 30, 2026), the Sensex declined 249.70 points, or 0.33%, to settle at 76,478.67. The Nifty dropped 80.50 points, or 0.34%, to end at 23,865.75.