Indian stock markets extended their gains on Thursday, with the Sensex climbing around 500 points to trade at 77,500 levels in morning deals. The Nifty also rose over 180 points and crossed the 24,150 mark, riding on strong buying interest in auto and realty sectors.

This positive momentum comes after Wednesday’s solid close, when the Sensex had jumped 791 points to settle at 76,991. Thursday’s trade saw broad-based participation, though auto and realty stocks clearly led the rally.

Market participants were seen accumulating shares in auto companies amid expectations of steady demand and supportive government policies. Realty counters too attracted buyers on hopes of improved sentiment in the housing sector and steady progress on infrastructure projects.

Asian markets showed a mixed trend during early Thursday sessions. South Korea’s Kospi rose 5.33 per cent, Japan’s Nikkei jumped 3.87 per cent, while Hong Kong’s Hang Seng slipped 1.48 per cent.

Overnight, US markets ended on a mixed note. The Dow Jones gained 0.35 per cent, but the Nasdaq declined 0.43 per cent and the S&P 500 closed marginally lower by 0.10 per cent.

Foreign institutional investors (FIIs) turned net sellers on Wednesday, offloading shares worth ₹1,843 crore. However, domestic institutional investors (DIIs) remained strong buyers with purchases of ₹3,637 crore. Over the last seven days, FIIs have net bought shares worth ₹2,398 crore, providing overall support to the market.

Analysts said the recovery in domestic indices is being driven by a combination of favourable global cues in some pockets and renewed buying in domestic cyclical sectors. The sharp rebound from recent volatility has helped the benchmarks reclaim important psychological levels.

However, traders remain watchful as global factors, including developments around US-China trade tensions and crude oil prices, continue to influence sentiment. The rupee’s movement and upcoming corporate earnings will also be in focus in the coming sessions.

As of now, the market is holding its gains firmly, with several frontline stocks contributing to the upmove. Broader market participation was visible, though mid and small-cap segments showed selective action.

Further details on individual stock performers and sectoral indices are still coming in as trading progresses. The investigation into any unusual volatility, if required, is not on the table at the moment.

The current upswing has brought some relief to investors after a period of choppy trade. Market watchers will now see whether the momentum sustains or if profit-booking emerges at higher levels.

Indian equity markets extended their winning streak on Thursday as investors responded positively to global developments, particularly the easing of geopolitical tensions in the Middle East. The benchmark BSE Sensex gained 254.36 points to close at 77,409.98, while the NSE Nifty settled comfortably above the key 24,000-mark, reflecting sustained investor confidence.

The latest gains came after reports confirmed that the United States and Iran had signed a memorandum aimed at ending the recent conflict between the two nations. The development has been closely watched by global financial markets because of its potential impact on energy supplies and inflation trends worldwide.

According to market participants, the decline in crude oil prices played a significant role in supporting investor sentiment. Lower oil prices are generally viewed as beneficial for the Indian economy, which relies heavily on crude imports. Reduced energy costs can help contain inflation, improve corporate profitability, and ease pressure on the country's trade balance.

Oil Prices Ease

Global crude oil prices witnessed a sharp correction following the peace agreement. Brent crude, the international benchmark, slipped to around $77 per barrel, marking its lowest level in more than three months. Market data indicates that oil prices have fallen significantly from the highs recorded during the peak of the Iran conflict.

The agreement was signed by Iranian President Masoud Pezeshkian after US President Donald Trump formally endorsed the framework in Versailles, France. Reports suggest that investors interpreted the development as a major step toward restoring stability in global energy markets.

The decline in crude prices also helped offset concerns arising from weakness in certain sectors of the domestic market. Analysts believe that if oil prices remain under control, sectors dependent on fuel and transportation costs could see improved earnings prospects in the coming quarters.

Mixed Sector Performance

Despite the overall gains in benchmark indices, sectoral performance remained mixed. Information Technology stocks emerged as the weakest segment of the market, witnessing notable selling pressure during the session. Consumer Durables and Oil & Gas shares also traded in negative territory.

On the other hand, media-related stocks recorded strong gains, helping support broader market sentiment. Other sectors displayed selective buying as investors shifted their focus toward companies expected to benefit from improving economic conditions.

Asian markets delivered mixed signals. South Korea's KOSPI and Japan's Nikkei posted gains, while Hong Kong's Hang Seng index ended lower. Meanwhile, US markets had closed in negative territory during the previous session, with the Dow Jones, Nasdaq, and S&P 500 all recording losses.

Foreign institutional investors continued to remain cautious. Data showed that foreign investors have been net sellers over the past week, while domestic institutional investors maintained their buying momentum. Market experts believe strong domestic participation has helped offset foreign outflows and provided stability to Indian equities.

The Indian currency also faced pressure during the day. The rupee weakened by 21 paise and settled at 94.71 against the US dollar. Currency traders attributed the decline to global dollar strength and ongoing volatility in international markets.

Looking ahead, investors are expected to closely monitor crude oil movements, global economic developments, and institutional investment flows. Market participants will also keep an eye on upcoming corporate earnings and macroeconomic indicators that could influence trading direction in the near term.

With the Indian stock market recording gains for five consecutive sessions, attention will now shift to whether benchmark indices can sustain their momentum amid evolving global and domestic factors.

Oil prices crash over 4% after US president announces end to naval blockade in Strait of Hormuz; rupee gains 53 paise

Indian stock markets witnessed a sharp rally on Monday, 15 June, 2026, after US President Donald Trump claimed that a peace deal with Iran had been finalised. The Sensex surged 1,100 points to touch 76,677.93 level in morning trade, while the Nifty inched closer to the crucial 24,000 mark.

Markets reacted positively to Trump’s announcement that the US naval blockade in the Strait of Hormuz would be lifted immediately. In a social media post, the president wrote, “Ships of the world, start your engines. Let the oil flow.”

Oil plunges 4%

Brent crude, the global benchmark for oil prices, crashed more than 4% to $83.30 per barrel following the development. The sharp drop came on expectations of increased supply as the strategic waterway reopens for unrestricted movement of tankers.

According to traders, the blockade had constrained oil shipments from major Gulf producers for several months, keeping prices elevated. The sudden reversal triggered selling pressure across energy futures.

Rupee gains sharply

The Indian rupee strengthened 53 paise to 93.65 against the US dollar in early trade on Monday, benefiting from the decline in crude prices and renewed foreign interest in domestic equities. A softer dollar overseas also supported the local currency.

Forex dealers said the combination of lower oil import bill and positive sentiment around emerging markets helped the rupee post its single largest single-day gain in nearly two months.

Global markets rejoice

Asian indices mirrored the upbeat mood. Japan’s Nikkei jumped 5.41% or 3,597 points to 69,594, while South Korea’s KOSPI surged 5.30% to 8,516. Hong Kong’s Hang Seng rose a more modest 0.44% to 24,834.

US markets had already closed higher on Friday ahead of the announcement. The Dow Jones added 354 points to 51,202, the S&P 500 rose 0.50% to 7,431, and the Nasdaq gained 0.31% to 25,889.

FII selling persists despite rally

Interestingly, foreign institutional investors (FIIs) continued their selling spree even as markets soared. Data showed overseas investors offloaded ₹1,082 crore on Monday alone, taking their total net selling over the past seven days to ₹9,760 crore.

Domestic institutional investors (DIIs), on the other hand, stepped in to buy ₹5,341 crore on Monday, with their net buying over the last 30 days crossing ₹1 lakh crore. Market participants said this shift underscores the growing role of local funds in stabilising the market during global uncertainty.

Trump removes naval blockade

In his post, the US president claimed that the long-awaited deal with Tehran was now complete. He also announced the immediate removal of the US naval blockade in the Strait of Hormuz, without any fees or conditions.

While details of the agreement remain unclear, sources familiar with the matter said the deal likely includes curbs on Iran’s nuclear programme in exchange for sanctions relief. Official confirmation from Iranian authorities is still awaited.

What next for oil and markets?

Analysts said the sustainability of the market rally will depend on verification of the deal and actual flow of Iranian oil into global markets. Crude prices could face further downside if supplies rise faster than expected.

For India, a net importer of oil, lower crude prices bring relief on inflation and fiscal deficit fronts. However, traders cautioned that volatility may return if geopolitical tensions resurface or if the deal unravels.

Markets will now watch for official statements from both Washington and Tehran over the next few days.

Indian equity benchmarks opened on a weak note on June 2, with the Sensex falling around 200 points to trade near the 74,100 level. The Nifty also dropped nearly 100 points, hovering around 23,300 in morning deals.

Selling pressure was visible across multiple sectors. Pharma, healthcare, and banking counters saw the most intense selloff, while information technology stocks bucked the trend and attracted fresh buying interest.

Pharma, banking shares under pressure

Heavyweights from the Nifty Bank and Nifty Pharma indices led the decline. Traders cited profit booking after recent gains in defensive sectors. “Investors are rotating money into IT on expectations of a US demand revival, while pharma and PSU banks are seeing some profit-taking,” a Mumbai-based dealer said on condition of anonymity.

The Nifty Bank index slipped over 250 points, dragged by private and public sector lenders. Meanwhile, the Nifty IT index rose nearly half a percent, with majors like Infosys and HCL Tech contributing to the gains.

South Korea overtakes India as sixth-largest market

In a significant global development, South Korea has now overtaken India to become the world’s sixth-largest stock market. According to Bloomberg data, the combined market capitalisation of South Korea’s listed companies surged 86% this year to touch $5 trillion (approximately ₹475 lakh crore).

The sharp rise has been driven by chip-making giants benefiting from the global artificial intelligence boom. In contrast, India’s total market cap has slipped to $4.8 trillion (around ₹456 lakh crore) amid recent foreign outflows and valuation concerns.

This reshuffling underscores how AI-linked demand is reshaping global equity rankings, even as Indian markets grapple with mixed signals from foreign investors.

Mixed cues from Asian peers

Other Asian markets displayed a mixed trend during the morning session. Japan’s Nikkei tumbled over 1,100 points or 1.64%, tracking losses on Wall Street futures. South Korea’s Kospi fell 1.45% to 8,634. However, Hong Kong’s Hang Seng index bucked the trend, rising 0.97% to 25,641.

Overnight, US markets closed with modest gains. The Dow Jones added 46 points, the Nasdaq rose 114 points, and the S&P 500 ended 20 points higher. “US resilience is providing some support, but domestic factors like FII selling are weighing on sentiment,” said a research head at a domestic brokerage.

FIIs continue selling spree

Foreign institutional investors have remained net sellers through May. Data shows that over the past 30 days, FIIs have offloaded Indian equities worth nearly ₹60,000 crore. On the other hand, domestic institutional investors stepped in with net purchases of over ₹87,700 crore during the same period.

In the last seven days alone, FII selling stood at around ₹26,060 crore, while DIIs bought ₹25,694 crore. This tug-of-war between foreign and domestic funds has kept the market range-bound despite pockets of strength.

What lies ahead?

The market had closed lower on June 1 as well, with the Sensex falling 508 points to end at 74,267. Analysts expect volatility to persist through the week, driven by global cues and monthly derivatives expiry. Attention will also remain on the progress of the southwest monsoon and any policy signals from central banks.

For now, investors are advised to stay selective. “IT and select largecaps may continue to see buying, but broader markets could remain choppy,” the dealer added.

Early buying interest pushes benchmarks higher; IT stocks lead gains while oil prices cool on US-Iran peace signals

Indian equity markets started Friday on a firm footing, with the Sensex comfortably trading above the 76,000 level and the Nifty inching closer to the psychological 24,000 mark during early deals. The uptick followed a truncated holiday-shortened week and came amid mixed cues from global peers.

The 30-share Sensex was seen hovering around 76,150 levels, up nearly 280 points from its previous close, while the broader Nifty traded near 23,980, showing gains of about 70 points. The market remained closed on Thursday, May 28, on account of Bakri Eid.

Early Gains on D-Street

Investors appeared to shrug off the modest losses from the last trading session. On May 27, the Sensex had closed 142 points lower at 75,868, while the Nifty slipped 7 points to end at 23,907. Banking shares had witnessed the maximum selling pressure that day.

However, Friday’s early session saw renewed buying interest across select pockets, though sectoral performance remained mixed. Nifty IT emerged as the top gainer, rising 1.74 per cent, while Consumer Durables and Chemical indices traded in the red.

Expert Sees Rangebound Moves

Arun Mantri, founder of Mantri Finmart, said the Nifty is likely to trade within a broad range of 23,600 to 24,100 points in the coming sessions. Market participants are advised to adopt a “buy on dips” strategy, given the prevailing support levels and lack of major negative triggers domestically.

“The range is likely to hold unless there is a fresh global shock. Investors with a medium-term view can look at accumulating quality names on declines,” Mantri reportedly said.

Oil Dips on US-Iran Talks

Sentiment got a minor boost from cooling crude prices. Brent crude eased to around $93 per barrel on Friday following reports that peace talks between the United States and Iran were underway. Lower oil prices are typically viewed as positive for India, a major net importer of crude.

US Vice-President JD Vance told the BBC that a formal agreement to end the conflict was “very close” but cautioned that key differences remained unresolved. “It’s too early to say when or if an agreement will be finalised, though negotiators are very close,” Vance said. The proposed deal reportedly includes a 60-day ceasefire extension and formal discussions on Iran’s nuclear programme.

Rupee Recovers Marginally

The Indian rupee strengthened by 5 paise to settle at 95.53 against the US dollar on a provisional basis, aided by softer crude prices and early equity inflows. However, the currency remains under broad pressure given the sustained strength of the greenback overseas.

Global Cues Offer Mixed Support

Overnight, US markets ended marginally higher. The Dow Jones added 25 points (0.05 per cent) to close at 50,669, while the Nasdaq surged 243 points (0.91 per cent) and the S&P 500 rose 43 points (0.58 per cent). Most Asian markets advanced on Friday, with South Korea’s KOSPI jumping nearly 2 per cent, Japan’s Nikkei climbing 1.86 per cent, and Hong Kong’s Hang Seng edging up 0.25 per cent.

FIIs Remain Net Sellers

Foreign institutional investors continued their selling spree, offloading shares worth ₹1,043 crore on May 27. Over the last seven days, FII outflows stood at ₹2,629 crore, while in the past 30 days, they have pulled out nearly ₹42,905 crore. In contrast, domestic institutional investors remained net buyers, pumping in ₹3,821 crore on the same day.

Market participants will closely track progress on the US-Iran negotiations and crude price movements in the coming sessions. For now, the early morning momentum suggests some resilience, though analysts caution that sustained upmoves would require broader participation beyond IT stocks.

Sensex Climbs 400 Points to 75,700; Nifty Crosses 23,790 

Indian equity benchmarks opened on a firm note on Thursday, May 21, with the Sensex rising over 400 points to trade near 75,700 levels and the Nifty advancing to 23,790 in early morning deals. Strong buying interest was visible in PSU bank and metal stocks, lifting broader market sentiment.

The 30-share BSE Sensex was quoting at 75,700 with a gain of around 400 points, or 0.50 per cent. The broader NSE Nifty 50 climbed about 130 points, or 0.55 per cent, to hover around 23,790. The rally followed a modestly positive close on Wednesday, when the Sensex ended at 75,318 and Nifty at 23,659 after recovering from early losses.

Sectoral Strength in PSU Banks and Metals

PSU banking stocks led the charge amid renewed domestic institutional interest. Several public sector lenders traded higher as investors bet on steady credit growth and policy continuity. Metal shares also attracted buyers, tracking firm global commodity cues and expectations of sustained demand in key sectors.

Traders pointed to selective buying in frontline names even as foreign institutional investors remained net sellers. Data showed FIIs offloaded shares worth ₹1,597 crore on Wednesday, though domestic institutional investors countered with purchases of nearly ₹1,968 crore.

Positive Asian Cues Support Sentiment

Sentiment received a boost from sharp gains across several Asian markets. South Korea’s KOSPI surged over 7 per cent, while Japan’s Nikkei climbed nearly 3.6 per cent. Hong Kong’s Hang Seng ended marginally higher. The upbeat regional mood came after Wall Street closed in the green on Wednesday, with the Dow Jones, Nasdaq, and S&P 500 all posting decent gains.

Market participants remained watchful of global factors, including crude oil prices and currency movements. Despite some pressure on the rupee in recent sessions, domestic buying helped indices stay resilient.

Market Breadth and Volumes

Market breadth was largely positive in the initial hours, with advances outpacing declines on both BSE and NSE. Midcap and smallcap segments also saw selective participation, though gains were more pronounced in largecaps. Turnover remained healthy as traders adjusted positions ahead of key global earnings triggers and domestic developments.

Analysts noted that the indices have been consolidating in a range in recent weeks. The current upmove could test immediate hurdles if buying sustains through the day. Key support levels for Nifty are seen around 23,500-23,600, while resistance lies near 23,900-24,000.

FII-DII Dynamics in Focus

The contrasting behaviour of foreign and domestic investors continues to shape near-term flows. While FIIs have been net sellers over the past month, DIIs have provided strong support with consistent buying. This cushion has helped the market absorb global volatility stemming from geopolitical tensions and monetary policy signals from major economies.

Outlook for the Day

Traders will now watch for sustained momentum in PSU banks and metals. Any fresh trigger from global markets, particularly US tech earnings, could influence the trajectory in later hours. Analysts remain cautiously optimistic, citing steady domestic macros and resilient corporate earnings in select pockets.

As the trading session progresses, focus will remain on whether the indices can hold above psychological levels and extend the morning gains. Investors are advised to monitor global cues closely while maintaining strict risk management in the current volatile environment.

The market is expected to trade with a positive bias if buying in key sectors continues, though profit-booking at higher levels cannot be ruled out.

Share Markets Flat, Rupee Hits Record Low of 95.86 Amid Persistent Foreign Outflows

Domestic benchmark indices traded largely flat with a positive bias during Thursday's morning session, while the rupee slumped to an all-time low of 95.86 against the US dollar, reflecting sustained pressure from foreign capital outflows and a strengthening greenback overseas.

The Sensex was hovering around the 74,700 level, up nearly 200 points, while the Nifty gained about 75 points to trade at 23,450. Buying interest remained visible across auto, metal, banking, and pharma counters, though broader market sentiment stayed cautious.

Rupee Slides Past 95

The Indian currency weakened by 20 paise to touch 95.86 against the dollar in early trade, breaching its previous record low. Forex dealers attributed the decline to month-end dollar demand from importers and continued selling by foreign institutional investors.

"Strong dollar appetite and lack of major intervention signals kept the rupee under pressure," a currency trader with a public sector bank said, requesting anonymity.

FII Selling Streak Continues

Foreign institutional investors remained net sellers for the sixth consecutive session, offloading equities worth ₹4,703 crore on Wednesday. Over the last seven days, FII outflows have totalled nearly ₹19,211 crore, according to exchange data.

In contrast, domestic institutional investors continued their buying spree, picking up shares worth ₹5,869 crore on Wednesday. Their net buying over the past month stands at approximately ₹53,841 crore, partially cushioning the impact of foreign exits.

Oil Edges Higher

Global crude prices added to inflationary concerns, with Brent crude rising to $106 per barrel. The uptick in oil prices poses additional risks for India's trade deficit and could further pressure the rupee in coming sessions.

Mixed Cues From Global Markets

Overnight trading on Wall Street delivered a mixed close. The Dow Jones declined 67 points to 49,693, while the Nasdaq surged 314 points to 26,402. The S&P 500 added 43 points, ending at 7,444.

Asian markets traded with modest gains this morning. South Korea's KOSPI rose 34 points to 7,877, Japan's Nikkei advanced 177 points to 63,449, and Hong Kong's Hang Seng gained 48 points to 26,436.

What Analysts Are Watching

Market participants are closely tracking the Reserve Bank of India's next move on the rupee, though no immediate intervention signals have emerged. On Wednesday, the Sensex had closed at 74,609 with a gain of 50 points, while the Nifty ended at 23,413, up 33 points.

Trading volumes remained moderate in the first half of Thursday's session, with analysts suggesting that sustained FII selling and global uncertainty could keep gains in check through the remainder of the week.

Sensex jumps 940 points, Nifty gains 1% as oil eases

Sensex rallies 940 points amid easing oil prices and improving global sentiment following US-Iran peace signals; Nifty ends above 24,300.

Indian equity markets staged a strong rebound on Wednesday, May 6, with benchmark indices closing firmly in the green after a volatile start to the week. The Sensex surged 940 points, while the Nifty 50 climbed 298.15 points, or about 1 per cent, to settle at 24,330.95, buoyed by cooling oil prices and positive global cues.

The rally comes a day after both indices had ended lower, reflecting cautious sentiment earlier in the week.

Oil cools, sentiment lifts

A key trigger for the upmove was a decline in global crude prices. Brent crude eased to around $108 per barrel amid indications of progress in diplomatic talks between the United States and Iran. Market participants tracked developments around the Strait of Hormuz closely, as any easing of tensions tends to reduce concerns over supply disruptions.

According to market watchers, softer oil prices typically support import-heavy economies like India by easing inflationary pressures and improving fiscal outlook.

Global cues supportive

Asian markets advanced sharply on Wednesday, setting the tone for domestic equities. South Korea’s KOSPI jumped nearly 6 per cent, while Japan’s Nikkei and Hong Kong’s Hang Seng also posted gains.

Overnight, US markets had closed higher on May 5, with the Nasdaq rising over 1 per cent. The broader positive sentiment filtered into Indian markets during the session, particularly in the second half of the day.

Sectoral movement mixed

Gains were seen across several sectors, though the rally was not entirely broad-based. Aviation, financials, and select mid-cap stocks led the advance.

Among the top gainers on the Nifty 50 were IndiGo, Shriram Finance, TMPV, Advanced Enzymes, and Bajaj Finserv. These stocks posted gains ranging between 1.4 per cent and 2 per cent.

On the losing side, Larsen & Toubro emerged as the biggest laggard, declining nearly 2 per cent. Other stocks such as HUL, ITC, ONGC, and Reliance Industries also ended marginally lower, indicating some profit-booking in heavyweight counters.

FII selling continues

Despite Wednesday’s rally, foreign institutional investors (FIIs) have remained net sellers in recent sessions. Data shows FIIs sold equities worth ₹8,834 crore over the past seven days.

In contrast, domestic institutional investors (DIIs) continued to provide support, with net buying of ₹10,854 crore during the same period. Over the past month, DIIs have been consistent buyers, helping cushion market volatility.

“Flows remain a key factor in the current market structure,” a market participant said, noting that sustained domestic inflows are offsetting foreign outflows to some extent.

Rupee shows recovery

The Indian rupee also showed signs of recovery, rising 19 paise from its previous all-time low to close at 94.99 against the US dollar. The appreciation followed easing crude prices and improved risk appetite in global markets.

Currency stability is often seen as a supportive factor for equities, particularly for sectors reliant on imports.

Rebound after weak close

Wednesday’s gains come after a weak session on Tuesday, when the Sensex had closed 251 points lower at 77,017. The Nifty had also slipped by 86 points to end near the 24,032 mark.

The sharp turnaround suggests that investor sentiment remains sensitive to global developments, especially geopolitical cues and commodity price movements.

What lies ahead

Market participants are likely to keep a close watch on further developments in US-Iran negotiations, as well as crude oil trends. Any sustained decline in oil prices could provide further upside to domestic equities.

Additionally, institutional flows and global market direction will remain key drivers in the near term. Analysts expect volatility to persist, though the underlying trend may stay positive if external conditions remain favourable.

For now, the Sensex rally of 940 points has provided a breather to investors, even as underlying risks continue to linger.