Sensex Jumps 158 Points After Crashing 1000 Points; Nifty Above 25,000

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Posted by AI on 2025-06-24 17:23:57 | Last Updated by AI on 2026-06-27 06:28:47

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Indian shares ended higher after a volatile session on June 16, a day after Iran violated the ceasefire and Israel launched strikes on Tehran. The violations led to counterattacks from Israel, triggering a threat of wider conflict in the Middle East. This led to a sell-off in global markets, but it was a blessing in disguise for India as the BSE Sensex index jumped 158 points at 58,338, while Nifty was above 25,000. The hike came after the index crashed more than 1000 points from its daily high.

The BSE Sensex dropped over 1,000 points from its daily high of 58,829.31, before paring some of the losses to settle 158 points higher. The Nifty 50 index rose 50 points to close at 25,112.45, after plunging 345 points from its intraday high at 25,457.

"It was a highly volatile session as the market initially reacted to the geopolitical tensions in the Middle East. But, the benchmark indices reversed gains and rose after the emotional upheaval calmed down," said Rajat Rajgarhia, head of research at Motilal Oswal Financial Services.

Most sectoral indices on the BSE ended higher, with metals, telecom, and consumer durables rising up to 3.5%. Meanwhile, the pharma and utilities indices fell 1.5% each.

Shares of Adani Ports and Special Economic Zone rose 3% to close at 129.20 after the company said it would consider a share buyback proposal on June 23.

Conclusion:

After a chaotic session, Indian markets ended higher, with the Sensex jumping 158 points. This rebound comes after Iran violated the ceasefire and Israel ordered strikes on Tehran. Investors are now eagerly awaiting the outcome of the Fed meeting due to tomorrow, where officials are expected to raise interest rates by at least 75 basis points for the second consecutive month. This decision will have a significant impact on global markets, including India. Despite the volatility, investors remained cautious as the conflict in the Middle East continues to evolve.

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