8 hours ago
HomeMarket NewsSensex Today | Stock Market Live Updates: GIFT Nifty up 300 points, indicating highest start in 2025
By CNBCTV18.COM | Jun 24, 2025 8:17 AM IST (Updated)
Stock Market Live Updates: The Nifty has declined in four out of the last five trading sessions. However, today might just turn out to be different. US President Donald Trump announced a ceasefire between Israel and Iran in the early hours of Tuesday, Indian time. Since the war broke out, the Nifty has struggled to cross its June 11 high of 25,222 as the potential threat of a rise in oil prices continued to keep a lid on bullish sentiments. watch this space for all the live updates.
Stock Market Live Updates: GIFT Nifty is trading higher with a surge of over 300 points, indicating a positive start to the index. The Nifty has declined in four out of the last five trading sessions. However, today might just turn out to be different. US President Donald Trump announced a ceasefire between Israel and Iran in the early hours of Tuesday, Indian time.
Since the war broke out, the Nifty has struggled to cross its June 11 high of 25,222 as the potential threat of a rise in oil prices continued to keep a lid on bullish sentiments. However, the ceasefire meant that oil prices sank with WTI down to $65 and Brent too, falling back to $70 per barrel, a positive for India's net oil-importing economy.
With focus back to business, the broader markets will have the spotlight again as they have been outperformers, even in Monday's wobbly market, where the Nifty fell 150 points to close below the 25,000 mark.
For starters, last Friday's high of 25,136 will be the first barrier for the Nifty to cross, followed by the June 12 high of 25,196. Keep an eye on Dixon Technologies as the company's promoter sold some stake on Monday.
Watch this space for all the live updates.
