Stock markets rally for second day as crude drops on hopes of de-escalation in West Asia war
The Hindu
Stock markets rally for a second day as crude prices fall amid hopes for de-escalation in the West Asia conflict.
Stock markets rallied for the second consecutive day on Wednesday (March 25, 2026), with benchmark indices Sensex and Nifty closing nearly 2% higher as crude oil prices dropped and global markets advanced amid hopes of de-escalation in the war in West Asia.
Also read: War in West Asia live updates on March 25, 2026
The 30-share BSE Sensex jumped 1,205 points or 1.63% to settle at 75,273.45. During the day, it soared 1,781.31 points or 2.40% to 75,849.76. The 50-share NSE Nifty surged 394.05 points or 1.72% to end at 23,306.45.
Tech Mahindra, Power Grid, Tata Consultancy Services and Bharat Electronics were the laggards. Brent crude, the global oil benchmark, tanked 5.07% to $99.19 per barrel.
“Markets continued to build on the previous day’s momentum as global risk sentiment improved, with hopes of peace emerging on the radar. Potential diplomatic progress between the US and Iran—despite mixed geopolitical commentary—led to easing crude oil prices below $100, which was welcomed by the market,” Vinod Nair, Head of Research, Geojit Investments Limited, said.
The BSE SmallCap Select index jumped 3.05% and the MidCap Select index climbed 2.50%.
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