Archive · 20 Aug 2026
Indian Markets Rebound as Sensex Gains 400 Points, Nifty Rises
Indian stock markets went up on Thursday after several days of losses.
The Sensex and Nifty are two important measures of how Indian shares are performing.
The Sensex gained more than 400 points, and the Nifty moved above 24,200 during the session.
Investors felt more confident partly because US bond yields fell.
Some traders also bought shares to close earlier bets that prices would fall.
Information technology companies performed especially well.
Analysts said the rise could continue for a short time, but expensive crude oil and geopolitical uncertainty remain concerns.
They are watching whether the Nifty can stay above 24,000.
The Sensex rose 482.64 points, or 0.63%, to about 77,392.32, while the Nifty gained 113.15 points, or 0.47%, to around 24,191.45.
Both indices opened sharply higher, with the Sensex reaching 77,494.79 and the Nifty touching 24,225.45.
Falling US bond yields, short-covering and positive investor sentiment helped drive the rebound after a recent losing streak.
All sectoral and broad-market indices traded in positive territory, with Nifty IT gaining more than 1%.
Analysts identified 24,000 as key Nifty support, while elevated crude prices and geopolitical uncertainty remained risks.
- Who
- Indian equity-market investors, with analysts VK Vijayakumar and Vipin Dixena commenting on the session.
- What
- The Sensex and Nifty rebounded, ending or trading higher after a recent losing streak.
- When
- Thursday, at the time of reporting.
- Where
- The Indian equity market, including trading on the NSE and BSE, in Mumbai.
- Why
- Falling US bond yields, short-covering, buying by foreign institutional investors and positive earnings-related sentiment supported the recovery.
Reasons for Further Recovery
Risks to the Rebound
Market direction
Reasons for Further Recovery
VK Vijayakumar said the market appeared positioned for a short-term reversal because it was oversold, while revenue and earnings growth supported the rally.
Risks to the Rebound
Vipin Dixena said elevated crude prices and geopolitical uncertainty remained key risks for the session.
Technical outlook
Reasons for Further Recovery
A sustained Nifty move above 24,200 could indicate that the recent correction is losing momentum.
Risks to the Rebound
A failure to hold 24,000 could reopen a downside move toward 23,850-23,750.
What drove the gains
Reasons for Further Recovery
Falling US bond yields, short-covering and foreign institutional buying were viewed as positive forces for Indian equities.
Risks to the Rebound
Analysts noted that some positive developments in strong-performing segments may already be priced into their shares.
- Sensex level
- Around 77,392.32, up 482.64 points or 0.63% at the time of reporting.
- Nifty level
- Around 24,191.45, up 113.15 points or 0.47% at the time of reporting.
- Sensex opening
- 77,468.45, compared with the previous close of 76,909.68.
- Nifty opening
- 24,225.45, compared with the previous close of 24,078.30.
- Top sector
- Nifty IT, which gained more than 1%.
- Key support
- The 24,000 zone for the Nifty.
- Immediate resistance
- The Nifty's 24,200-24,250 range.
- Commodity prices
- Brent crude was around USD 91.95 per barrel and crude oil around USD 84.53 per barrel.