Sensex rises 600+ points; Nifty reclaims 24,000 in early trade

Market opens with a gap-up recovery

Indian equity markets opened on a positive note on Thursday, with both the Sensex and Nifty starting the session higher after the previous session’s steep sell-off. In early trade, the rebound was visible across the benchmarks, with investors returning to beaten-down stocks. The move came even as concerns around geopolitical tensions and elevated crude oil prices continued to linger in the background.

The BSE Sensex extended its gains as the morning progressed, moving back above the 77,000 level. The NSE Nifty50 also reclaimed the psychological 24,000 mark, indicating a broader risk-on tone after a weak prior session. While the bounce reflected improved sentiment in the opening hours, it remained closely tied to global cues and oil price movement.

Sensex levels through the morning: 9:33 am to 11:43 am

The rebound unfolded in steps during the morning. At 9:33 am, the BSE Sensex was up 493.38 points, or 0.64%, at 76,996.98. Later, at 10:24 am, the Sensex was higher by 560.18 points, or 0.73%, at 77,063.78. By 11:43 am, the index climbed to 77,112.51, extending the rally to over 600 points.

The Nifty also held firm above 24,000 during early trade. One update showed the Sensex climbing 495.86 points to 76,998.54, while the Nifty was up 148.70 points to 24,025. Together, these levels highlighted that the day’s early buying was strong enough to reverse part of the prior session’s decline.

What investors were reacting to

The recovery followed a sharp sell-off in the previous session, making Thursday’s move a classic rebound attempt from lower levels. The context in the market commentary pointed to investors selectively returning to stocks that had seen pressure during the sell-off. Improving market sentiment was cited as a factor, even though crude oil prices and geopolitical risk were still part of the broader narrative.

Separate market updates also linked the rebound to global developments, including easing crude oil prices and shifting risk sentiment. In another session referenced in the data, reports suggested that US-Iran talks had advanced toward a final deal within 60 days, which helped reduce concerns after US President Donald Trump’s threat of fresh strikes on Iran. India also said three oil tankers carrying over 860,000 metric tons safely crossed the Strait of Hormuz, a route handling about 20% of global oil supplies. These details mattered because crude supply routes and oil price swings often influence Indian equities through inflation and import cost expectations.

Mid-week recovery signs: July 1, 2026 early trade snapshot

The dataset also referenced early trading on Wednesday, July 1, 2026, when the market showed signs of recovery after two consecutive days of losses. The BSE Sensex rose 182.42 points to 76,661.36 in early transactions. The NSE Nifty increased 49.90 points to 23,916.85.

The prior day’s close was also noted: on Tuesday, the Sensex had fallen by 249 points (0.33%) to 76,478.67, while the Nifty declined by 80 points (0.34%) to 23,865.75. These levels underline that the market had been choppy, with alternating declines and rebounds driven by risk sentiment, global cues, and sector rotation.

Stock-specific moves highlighted in the update

One of the updates included a list of notable gainers beyond the benchmarks in a separate session: Aegis Logistics rose 6.3%, SCI gained 4.1%, NIACL was up 3.2%, Garden Reach Shipbuilders added 3.2%, HFCL increased 2.8%, and Reliance rose 2.3%.

On the other side, another referenced session ended with the Sensex closing about 1.2% lower at 76,201 as investors booked profits across IT, metals, banking and financial counters. A separate line item stated the Sensex decreased 893 points, or 1.16%, to close at 76,201, led by Infosys (-3.42%), Tata Consultancy (-3.20%) and Tata Steel (-3.00%).

Volatility context: recent rebounds and sell-offs

The compiled data showed multiple examples of sharp swings. In one instance, after a three-day fall, the Sensex jumped 938.93 points (1.26%) to settle at 75,502.85, with an intraday high of 75,805.27 and a low of 73,949.76. The Nifty climbed 257.70 points (1.11%) to end at 23,408.80. That move was described as being supported by value buying in domestically oriented sectors such as auto, banking, and FMCG.

In another snippet, the Sensex had settled at 74,563.92, down 1,470.50 points (1.93%), while the Nifty fell 488.05 points (2.06%) to 23,151.10. These back-to-back examples are important for understanding why a 500-600 point bounce can occur quickly after steep declines.

Key numbers at a glance

Market impact: what the rebound signals

Thursday’s early gains showed that buyers were willing to step in after a sharp sell-off, at least in the opening phase of trade. The fact that the Sensex moved back above 77,000 and the Nifty reclaimed 24,000 signaled improved risk appetite, though the underlying drivers in the updates still included global uncertainty.

The references to crude oil movement and geopolitical developments reinforced how sensitive Indian equities remain to external risk factors. The separate mention of profit booking-led declines, especially in IT and metals, also suggests that sector leadership can rotate quickly when sentiment shifts. For traders and investors, the key takeaway from the reported figures is that the market was moving in wide ranges, and rebounds were occurring alongside unresolved macro concerns.

Analysis: why crude and global cues stayed central

Across the updates, two themes repeated: crude oil prices and global risk sentiment. Easing crude was linked with up moves in more than one session, while elevated crude and geopolitical tensions were cited as ongoing concerns even during rebounds. In practical terms, crude affects India’s import bill and inflation expectations, which can influence both corporate margins and policy expectations.

The mention of progress in US-Iran talks and safe passage of oil tankers through the Strait of Hormuz added a specific channel through which sentiment improved. Given that the strait handles about 20% of global oil supplies, any perceived reduction in disruption risk can quickly feed into oil price expectations and, by extension, equity sentiment.

Conclusion

The Thursday morning trade reflected a clear rebound, with the Sensex rising above 77,000 and extending gains beyond 600 points, while the Nifty held above 24,000. The move followed a sharp prior-session sell-off, with sentiment supported by global cues and crude oil developments referenced in the updates. Markets remain sensitive to geopolitical headlines and oil price trends, and investors will continue to track these factors as trading progresses.