Why the Share Market (NSE and BSE) is Rising Today, June 24, 2026: Sensex Over 1,000 Points , Nifty Reclaims 24,000

Indian equity markets staged a strong recovery on June 24 after witnessing sharp losses in the previous session. The benchmark indices moved higher as investors returned to banking and select IT stocks, while easing crude oil prices and hopes of an India-US trade agreement boosted market sentiment.

Market Recovers After Tuesday's Sell-Off

The BSE Sensex and NSE Nifty bounced back sharply during Wednesday's trading session.

After falling nearly 900 points on Tuesday, the Sensex recovered strongly and crossed the 77,000 mark during intraday trade. The Nifty also regained the important 24,000 level.

Banking Stocks Lead the Rally

Private sector banks were the biggest contributors to the market's recovery.

ICICI Bank and HDFC Bank together accounted for nearly 400 points of the Sensex's gain. Other major banking stocks, including SBI, Axis Bank and Kotak Mahindra Bank, also traded higher.

Key Stocks Driving the Rally

Falling Crude Oil Prices Support Markets

One of the biggest positive triggers for Indian equities has been the decline in crude oil prices.

Lower oil prices help reduce India's import bill, ease inflation concerns and improve overall economic sentiment.

Crude Oil Price Movement

Oil prices have corrected significantly from their earlier highs, providing relief to oil-importing countries such as India.

Read more: Best Gold Stocks in June 2026 Based on 5‑Year CAGR: Sky Gold and Diamonds, Laxmi Goldorna House and More.

Optimism Around India-US Trade Deal

Investor sentiment also improved on expectations of an interim trade agreement between India and the United States.

Officials from both countries have resumed high-level discussions aimed at finalising a trade pact before the expiry of the temporary 10% US tariff arrangement. 

Conclusion

Indian markets witnessed a strong rebound on June 24, supported by gains in banking stocks, easing crude oil prices and optimism surrounding an India-US trade deal. 

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