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Jun 24, 2025
Indian stock market soars amidst Iran-Israel ceasefire
Big day for Indian markets—both Nifty50 and Sensex shot up after news broke of a ceasefire between Iran and Israel.
Nifty50 rose by 267 points to 25,239.05, while Sensex jumped 914 points to a record 82,810.81.
Analysts say investors are feeling more confident but will still keep an eye on global events.
TL;DR
How have other global indices performed?
The ceasefire sent positive waves through global markets too. Oil prices dropped sharply, easing worries about supply issues and making riskier assets more attractive.
The dollar weakened as the yen and euro gained ground thanks to their oil import ties.
Gold prices also slid to a two-week low since fewer people rushed for safe-haven assets with tensions easing.