Stock Market Close Report, May 25, 2026: Sensex Surges Over 1,000 Points, Nifty Tops 24,000 As Falling Oil Sparks Broad-based Rally

Mumbai, May 25:Indian benchmark indices rallied sharply on Monday, with the Sensex soaring more than 1,000 points and the Nifty reclaiming the 24,000 mark, as easing crude oil prices and optimism surrounding a possible US-Iran peace agreement boosted investor sentiment globally. 

The Sensex ended the session around 1,074 points or 1.42% higher at 76,488.96, while the Nifty 50 settled above the psychologically important 24,000 level at 24,031.70, up 312.40 points or 1.32%, extending gains for a second consecutive session. The rally was broad-based, with 15 of 16 major sectoral indices ending in the green. 

Investor sentiment improved after crude oil prices plunged more than 5%, with Brent crude slipping below the $100-per-barrel mark following signs of progress in negotiations between the United States and Iran over reopening the Strait of Hormuz. 

The sharp decline in oil prices is viewed as highly supportive for India, one of the world’s largest crude importers, as it helps ease concerns around inflation, fiscal pressures and import costs.

OMCs, Financials Among Biggest Gainers

Oil marketing companies emerged among the top sectoral gainers as lower crude prices improved hopes around marketing margins after recent fuel price hikes.

Shares of Bharat Petroleum Corporation, Hindustan Petroleum Corporation and Indian Oil Corporation rose sharply during the session as investors cheered the possibility of easing under-recoveries. 

The Nifty 50 surged to settle above the psychologically important level of 24,000, extending gains for a second consecutive session. Source: NSE

Financial stocks also supported the rally, with heavyweight lenders such as HDFC Bank and ICICI Bank advancing strongly amid improving risk appetite and easing bond yields. 

Auto shares participated in the rally as well, with Eicher Motors climbing after reporting better-than-expected quarterly earnings driven by strong Royal Enfield sales. 

Nifty Bank rose over 2% today as private banks rallied and powered the dramatic rise of the benchmarks. Source: NSE

Broader markets also remained firm, with midcap and smallcap indices gaining up to 1.4%, reflecting widespread buying interest across sectors.

Global Cues Remain Supportive

Asian markets rallied strongly on Monday, led by Japan’s Nikkei, while US stock futures also advanced. 

The Indian rupee also strengthened sharply against the US dollar, aided by falling oil prices and comments from the Reserve Bank of India indicating readiness to ensure orderly currency market conditions. 

Analysts said the market’s near-term direction will continue to depend heavily on developments surrounding the US-Iran negotiations and movements in global crude oil prices.

Despite the strong rally, market participants cautioned that volatility could persist if geopolitical tensions flare up again or if oil prices rebound sharply.

Source:

• NSE
• BSE