The BSE Sensex surged over 900 points on June 24, 2025, as markets cheered Donald Trump’s Israel-Iran ceasefire announcement.
Ceasefire Sparks Rally: Markets Rebound on Trump’s Surprise Announcement
Sensex Skyrockets – Indian equity markets opened with a bang on Tuesday, June 24, 2025, as the BSE Sensex surged 910.30 points or 1.11% to 82,807.09, while the Nifty 50 jumped 250.75 points or 1.00% to 25,222.65. The rally followed a dramatic overnight announcement by Donald Trump, who claimed a “complete and total CEASEFIRE” had been reached between Israel and Iran.
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Though Iranian officials later denied any formal agreement, the mere prospect of de-escalation was enough to lift investor sentiment globally. The ceasefire claim helped reverse Monday’s losses, when the Sensex had dropped over 500 points amid fears of prolonged conflict in the Middle East.
The announcement also triggered a sharp fall in oil prices, with Brent crude futures plunging over 7% to $71.48 per barrel. For oil-import-dependent India, this drop translated into immediate relief for inflation and trade deficit concerns.
Sectoral Surge: Banks, Energy, and Tech Lead the Charge
The rally was broad-based, with all major sectoral indices flashing green. Banking stocks led the charge, buoyed by easing inflation expectations and improved credit outlooks. HDFC Bank, ICICI Bank, and SBI posted strong gains, lifting the Nifty Bank index by over 1.4%.
Energy stocks also surged, with Reliance Industries gaining more than 2.5% on the back of falling crude prices and positive brokerage commentary. The IT sector rebounded as well, with Infosys, TCS, and Wipro climbing amid a weaker rupee and renewed optimism in U.S. tech spending.
Midcap and smallcap indices joined the rally, with the Nifty Midcap 100 and Smallcap 100 rising over 1.3% and 1.6% respectively. The India VIX dropped by 6.2%, signaling reduced market volatility and a shift toward risk-on sentiment.
Global Cues and Domestic Strength Fuel Optimism
Beyond the ceasefire buzz, global markets were buoyed by dovish signals from the U.S. Federal Reserve, which hinted at a possible rate cut in the coming months. Asian and European indices rallied in tandem, reinforcing the bullish momentum.
On the domestic front, S&P Global Ratings revised India’s FY26 GDP growth forecast to 6.5%, citing a normal monsoon outlook, easing oil prices, and potential monetary policy support. This upgrade added to the market’s positive tone, alongside robust GST collections and strong corporate earnings.
Foreign institutional investors (FIIs) were net buyers for the third consecutive session, injecting over ₹3,200 crore into Indian equities. Domestic institutional investors (DIIs) also remained active, further strengthening the rally.
Conclusion: Sensex Skyrockets
June 24 marked a turning point for Indian markets, with the Sensex and Nifty reclaiming lost ground and setting the stage for further gains. While geopolitical risks remain, the combination of easing tensions, falling oil prices, and strong macro fundamentals has reignited investor confidence. As always, market watchers advise cautious optimism and close attention to global developments.
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