Sensex Surges 347 Points to 77,155
- Sensex gains 347 points to 77,155
- Nifty up 96 points to 24,085
- Crude oil prices ease
- BSE Sensex rose 0.45% to 77,155.62
- Nifty 50 gained 0.40% to 24,085.70
The BSE Sensex surged 347.14 points to 77,155.62 on June 17, 2026, while the Nifty 50 gained 96.55 points to 24,085.70.
The market saw gains driven by easing crude oil prices.
Officials said the index levels reflect a 0.45% and 0.40% increase, respectively.
The Sensex touched an intraday high of 77,218, while the Nifty hit a day's high of 24,108.
Market Sectors Advance
Ten of the 16 major sectors advanced, while the broader small-caps and mid-caps climbed 0.8% and 0.5%, respectively.
Sources confirmed that the market sentiment has been supported by easing crude oil prices and improved global sentiment following the US-Iran framework agreement.
Meanwhile, some caution persisted, with traders awaiting the US Federal Reserve's policy outcome later in the day for clues on the policy outlook.
Brent Crude Futures Hover
Brent crude futures hovered around recent levels, supporting the market rally.
Government sources said the easing of crude oil prices has been a major factor in the market's gains.
The BSE Sensex has gained about 4% in four sessions, while the Nifty has gained about 4.5% in the same period.
Experts said the market is expected to remain volatile in the coming sessions.
Market Turnover
The market turnover was significant, with the BSE Sensex and Nifty 50 seeing substantial gains.
Witnesses said the market was bullish, with many investors taking advantage of the easing crude oil prices.
The NSE filed draft papers with Sebi, while Manipal Hospitals is said to plan a $1 billion IPO in July.
Historical data shows that the market has been performing well in recent times, with the BSE Sensex and Nifty 50 seeing significant gains.
Human Impact
The market rally has had a positive impact on investors, with many seeing significant gains in their portfolios.
Meanwhile, some investors have expressed caution, citing the volatility of the market.
Experts said the market is expected to remain volatile in the coming sessions, and investors should be cautious.
The market rally has also had an impact on the economy, with many experts saying it could lead to increased economic growth.