Stock market today: Indian stock market rallied for the third straight session on Thursday, June 26 as easing tensions in the Middle East revived risk-on sentiment toward Indian stocks. This, combined with a sharp correction in crude oil prices and the US Dollar Index hitting a three-year low, has raised expectations of increased overseas inflows into Asia’s third-largest economy.
On the domestic front, continued support from domestic institutional investors and expectations of a revival in corporate earnings in the first quarter of the ongoing fiscal year are also supporting market sentiment.
The Nifty 50 climbed 285 points, or 1.10%, to reach a 9-month high of 25,529, while the Sensex jumped 808 points, or 1%, to hit 83,689, a level not seen since October 2024. Both indices are now trading just 2.5% below their September peaks.
