Stock market right this moment (March 24, 2026): Nifty50 opens above 22,800; BSE Sensex rises over 1,100 factors as US-Iran struggle tensions ease
Stock market right this moment: Indian fairness benchmarks Nifty50 and BSE Sensex rallied in opening commerce on Tuesday after a day of large selloff. Hopes of an early halt to the US-Iran struggle led to the inventory market rebounding. While Nifty50 went above 22,800, BSE Sensex was up over 1,100 factors. At 9:16 AM, Nifty50 was buying and selling at 22,848.45, up 336 factors or 1.49%. BSE Sensex was at 73,806.09, up 1,110 factors or 1.53%.Stock markets ended sharply decrease on Monday as escalating tensions within the US-Iran battle, rising crude oil costs and the rupee hitting contemporary document lows weighed closely on investor sentiment.Market temper, nonetheless, improved after buying and selling hours when US President Donald Trump introduced that deliberate navy strikes on Iranian energy crops and power infrastructure can be deferred following “productive conversations” with Tehran.Dr. VK Vijayakumar, Chief Investment Strategist, Geojit Investments Limited says, “Politics is turning out to be as volatile as the market. President Trump signalled a 5-day halt to attacks on Iran and talked about ‘productive’ talks with the Iranian leadership. Immediately Iran’s foreign ministry denied this. Later they acknowledged that there are attempts to ‘get diplomacy going’ through the mediation of some countries. Brent crude crashed by 10% to $100 levels on news of positive initiatives to end the hostilities. The market, it appears, is factoring in an end to the war as reflected in the August US oil futures trading at $80. However, in the near-term there will be excessive volatility in response to news regarding the war and events on the war front.”“A significant drag available on the market now’s the massive promoting by FIIs regardless of the sharp correction available in the market. The persevering with weak spot within the rupee is the principle issue behind this sustained promoting by FIIs. Therefore, if some form of stability is to emerge available in the market, rupee ought to stabilize first. IT and pharmaceutical segments are prone to stay resilient assisted by rupee depreciation.” Globally, US markets closed with gains of over 1% after oil prices declined on the back of Trump’s decision to delay strikes on Iran’s power infrastructure. Asian equities also advanced, while the dollar showed volatility and oil prices remained under pressure following the easing of fears around a major energy supply disruption.However, crude prices moved higher again in early Tuesday trade amid concerns over supply, after Iran denied holding any discussions with the United States to end the conflict, contradicting Trump’s statement that a resolution could be near.Gold prices recovered partially after the announcement to postpone US strikes provided some relief following the metal’s recent sharp decline during the conflict.Foreign institutional investors remained net sellers of Indian equities, offloading shares worth Rs 10,414.23 crore on Monday, while domestic institutional investors provided some support by purchasing equities worth Rs 12,033.97 crore.(Disclaimer: Recommendations and views on the stock market, other asset classes or personal finance management tips given by experts are their own. These opinions do not represent the views of The Times of India)
