Sensex jumps 950 points, Nifty nears 24,000 in 2026

Market opens strong and holds gains

Indian benchmarks traded firmly higher through the first half of Monday’s session, extending the positive tone seen at the open. The BSE Sensex and NSE Nifty 50 stayed in the green without a major pullback through late morning. The move placed the Nifty close to the 24,000 mark, a level that has been in focus in recent sessions. Early gains were also described as broad-based, with autos and banks among the top pockets of strength. Market participants tracked global cues closely, especially around geopolitical developments and crude prices.

Key index levels by late morning

By 11:42 IST, the BSE Sensex was at 76,368.40, up 953 points. The Nifty 50 was at 23,983.25, up 263 points at the same time. Separately reported figures also showed the Sensex at 76,312.41, up 897.06 points (1.18%), while the Nifty was at 23,975.45, up 256.16 points (1.08%). The common thread across these updates was that the rally remained intact well into the session. Traders also noted the absence of sharp intraday profit-taking in the first few hours.

Opening trade: a fast start after the bell

The benchmarks began the day with a gap-up tone. At 9:18 IST, the Sensex was reported higher by 834 points to 76,249.89, while the Nifty 50 was up 259 points to 23,978.75. At 9:20 AM, the Nifty50 was up 249.15 points (1.05%) at 23,974.15, while the Sensex rose 818.14 points (1.08%) to 76,233.49. Another update noted the BSE Sensex started the session at 76,135.82, up 720.47 points (0.96%). The strong open set the tone for the rest of the morning.

Global cues in focus: US-Iran hopes and crude below $15

The day’s market chatter was shaped by expectations of a potential improvement in the US-Iran situation. The live update pointed to “hopes of the US-Iran deal” as one of the supportive signals for risk assets. Falling crude prices were also highlighted, with oil described as moving below $15. For Indian equities, lower crude is often watched because it can ease cost pressures for oil importers and support sentiment. These cues helped bulls maintain control through the morning.

Sector snapshot: autos lead, banks also support

Sector-wise, the Nifty Auto was flagged as the top gainer in the early part of trade. The headline move was also described as being led by auto and bank stocks. While the update did not provide a full sector leaderboard, the repeated mention of autos pointed to strong buying interest in vehicle makers and related names. Banking and finance stocks were also part of the gainers list, adding to index support. The mix mattered because it suggested participation beyond a single defensive pocket.

Stock-specific action: Eicher Motors in the spotlight

Among Nifty 50 gainers around midday, Eicher Motors was highlighted as the leading performer. The stock traded at ₹7,328.50, up 4.97% from its previous close of ₹6,981.50. The move was linked to a “strong performance in its Q4 earnings,” according to the market update. The stock’s outperformance also aligned with the broader strength in the auto pack.

What the previous session looked like (May 22 close)

The rally on May 25 followed a positive finish for Indian equities on May 22. That day, the BSE Sensex rose 231.99 points to close at 75,415.35, while the Nifty50 gained 64.60 points to settle at 23,719.30. The Nifty50 was reported to have oscillated between 23,671 and 23,835 during the session. Those levels provided a recent reference point for traders tracking how quickly the index moved back toward 24,000 in the next session.

Key numbers table: index points and levels

Market impact: sentiment, positioning, and what moved

The price action indicated stronger risk appetite at the start of the week, with traders reacting to global developments and softer oil. With the Nifty holding above 23,950 in multiple updates, the market appeared to be pricing in a calmer near-term backdrop. The focus on autos also showed that cyclical pockets were participating in the move. Eicher Motors’ near 5% jump provided an earnings-driven catalyst within the broader uptrend. At the same time, the update emphasised that gains were being “sustained” through the morning, suggesting steady buying rather than a quick spike.

Goldman and Morgan Stanley mentioned, but details limited

The market update also referenced “Goldman and MS weigh in.” However, no specific comments, targets, or calls were included in the provided text. As a result, the session narrative remained anchored mainly in the live index levels, the US-Iran optimism, oil prices, and stock-specific momentum such as Eicher Motors after Q4 results.

Conclusion: a strong start with 24,000 in view

By late morning on May 25, Indian benchmarks remained higher, with the Sensex up over 900 points and the Nifty hovering just under 24,000. Autos led the charge, and Eicher Motors stood out after its Q4 performance. Investors will continue to watch how global cues and crude prices evolve through the day, alongside any additional updates on sector leadership and index levels.