{"id":6399,"date":"2026-07-09T19:36:31","date_gmt":"2026-07-09T14:06:31","guid":{"rendered":"https:\/\/www.eqwires.com\/tutorials\/?p=6399"},"modified":"2026-07-09T19:36:31","modified_gmt":"2026-07-09T14:06:31","slug":"stock-market-news-sensex-gains-238-points-value-buying","status":"publish","type":"post","link":"https:\/\/www.eqwires.com\/tutorials\/stock-market-news-sensex-gains-238-points-value-buying\/","title":{"rendered":"Stock Market News: Sensex Jumps 238 Points, Nifty Nears 24K\u00a0"},"content":{"rendered":"\n<figure class=\"wp-block-image size-large\"><img fetchpriority=\"high\" decoding=\"async\" width=\"1024\" height=\"576\" src=\"https:\/\/www.eqwires.com\/tutorials\/wp-content\/uploads\/2026\/07\/image-3-1024x576.png\" alt=\"Stock Market News: Sensex Jumps 238 Points, Nifty Nears 24K\u00a0\" class=\"wp-image-6400\" srcset=\"https:\/\/www.eqwires.com\/tutorials\/wp-content\/uploads\/2026\/07\/image-3-1024x576.png 1024w, https:\/\/www.eqwires.com\/tutorials\/wp-content\/uploads\/2026\/07\/image-3-300x169.png 300w, https:\/\/www.eqwires.com\/tutorials\/wp-content\/uploads\/2026\/07\/image-3-768x432.png 768w, https:\/\/www.eqwires.com\/tutorials\/wp-content\/uploads\/2026\/07\/image-3-1536x864.png 1536w, https:\/\/www.eqwires.com\/tutorials\/wp-content\/uploads\/2026\/07\/image-3-1200x675.png 1200w, https:\/\/www.eqwires.com\/tutorials\/wp-content\/uploads\/2026\/07\/image-3.png 1600w\" sizes=\"(max-width: 709px) 85vw, (max-width: 909px) 67vw, (max-width: 1362px) 62vw, 840px\" \/><\/figure>\n\n\n\n<p class=\"wp-block-paragraph\">Indian equity benchmarks rebounded sharply on Thursday, recovering from the previous session&#8217;s heavy sell-off as investors returned to quality stocks. In the latest stock market news, the BSE and Sensex gained over 238 points while the NSE Nifty 50 closed just below the key 24,000 level, highlighting the resilience of the India stock exchange despite lingering geopolitical concerns.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">The recovery follows Wednesday&#8217;s steep decline, when escalating tensions between the United States and Iran wiped out nearly \u20b98 lakh crore in investor wealth. However, easing volatility, strong domestic buying, and continued foreign institutional investment helped restore confidence across the stock and market.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><strong>Market Performance at a Glance<\/strong><\/h2>\n\n\n\n<figure class=\"wp-block-table\"><table class=\"has-fixed-layout\"><tbody><tr><td><strong>Index<\/strong><\/td><td><strong>Closing Level<\/strong><\/td><td><strong>Change<\/strong><\/td><td><strong>% Change<\/strong><\/td><\/tr><tr><td><strong>BSE Sensex<\/strong><\/td><td>76,741.82<\/td><td>\u25b2 238.22<\/td><td>0.0031<\/td><\/tr><tr><td><strong>NSE Nifty 50<\/strong><\/td><td>23,962.80<\/td><td>\u25b2 80.75<\/td><td>0.0034<\/td><\/tr><tr><td>Nifty Midcap 100<\/td><td>\u2014<\/td><td>\u2014<\/td><td>0.015<\/td><\/tr><tr><td>Nifty Smallcap 100<\/td><td>\u2014<\/td><td>\u2014<\/td><td>0.0169<\/td><\/tr><tr><td>India VIX<\/td><td>13.36<\/td><td>\u25bc 8.99%<\/td><td>Lower Volatility<\/td><\/tr><\/tbody><\/table><\/figure>\n\n\n\n<h2 class=\"wp-block-heading\"><strong>Sensex and Nifty Stage a Strong Comeback<\/strong><\/h2>\n\n\n\n<p class=\"wp-block-paragraph\">Markets opened with positive momentum following stable cues from Asian peers. The BSE Sensex climbed as much as 823 points during intraday trading to touch 77,326.65 before settling at 76,741.82, up 238.22 points (0.31%).<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Similarly, the NSE Nifty 50 gained 80.75 points (0.34%) to close at 23,962.80, recovering comfortably after briefly slipping below the 23,900 mark during early trade.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">The broader market outperformed benchmark indices, indicating healthy investor participation beyond large-cap stocks.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><strong>Why Did the Market Recover?<\/strong><\/h2>\n\n\n\n<p class=\"wp-block-paragraph\">Wednesday&#8217;s correction created attractive entry opportunities for investors, resulting in strong buying across fundamentally sound companies.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\"><strong>Key Drivers Behind Thursday&#8217;s Rally<\/strong><\/h3>\n\n\n\n<figure class=\"wp-block-table\"><table class=\"has-fixed-layout\"><tbody><tr><td><strong>Market Driver<\/strong><\/td><td><strong>Impact<\/strong><\/td><\/tr><tr><td><strong>Value Buying<\/strong><\/td><td>Investors accumulated quality blue-chip stocks at lower valuations.<\/td><\/tr><tr><td><strong>FII Inflows<\/strong><\/td><td>Foreign Institutional Investors remained net buyers despite global uncertainty.<\/td><\/tr><tr><td><strong>Cooling India VIX<\/strong><\/td><td>Falling volatility improved overall market confidence.<\/td><\/tr><tr><td><strong>Stable Asian Markets<\/strong><\/td><td>Positive global cues supported the recovery in domestic equities.<\/td><\/tr><\/tbody><\/table><\/figure>\n\n\n\n<p class=\"wp-block-paragraph\">Domestic Institutional Investors (DIIs) also actively participated in the rally, helping markets absorb global concerns. The sharp decline in India VIX from the previous session further signaled that investor panic had eased considerably.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><strong>Sector-Wise Performance<\/strong><\/h2>\n\n\n\n<p class=\"wp-block-paragraph\">Defensive sectors led the recovery, while IT stocks witnessed cautious trading ahead of the Q1 FY27 earnings season.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\"><strong>Top Performing Stocks<\/strong><\/h3>\n\n\n\n<figure class=\"wp-block-table\"><table class=\"has-fixed-layout\"><tbody><tr><td><strong>Company<\/strong><\/td><td><strong>Sector<\/strong><\/td><td><strong>Performance<\/strong><\/td><\/tr><tr><td>Sun Pharmaceutical<\/td><td>Pharma<\/td><td>\u25b2 2.7%<\/td><\/tr><tr><td>Bharti Airtel<\/td><td>Telecom<\/td><td>Strong Gains<\/td><\/tr><tr><td>Bajaj Finserv<\/td><td>Financial Services<\/td><td>Positive<\/td><\/tr><tr><td>Kotak Mahindra Bank<\/td><td>Banking<\/td><td>Positive<\/td><\/tr><tr><td>InterGlobe Aviation (IndiGo)<\/td><td>Aviation<\/td><td>Positive<\/td><\/tr><tr><td>Eternal<\/td><td>Consumer<\/td><td>Positive<\/td><\/tr><\/tbody><\/table><\/figure>\n\n\n\n<h3 class=\"wp-block-heading\"><strong>Stocks Under Pressure<\/strong><\/h3>\n\n\n\n<figure class=\"wp-block-table\"><table class=\"has-fixed-layout\"><tbody><tr><td><strong>Company<\/strong><\/td><td><strong>Sector<\/strong><\/td><td><strong>Reason<\/strong><\/td><\/tr><tr><td>TCS<\/td><td>Information Technology<\/td><td>Investors await Q1 earnings<\/td><\/tr><tr><td>Infosys<\/td><td>Information Technology<\/td><td>Weak sentiment before earnings season<\/td><\/tr><\/tbody><\/table><\/figure>\n\n\n\n<p class=\"wp-block-paragraph\">Healthcare, telecom, banking, and financial services remained the biggest contributors to the day&#8217;s gains, while IT stocks continued to trade cautiously.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><strong>Global Markets Remain in Focus<\/strong><\/h2>\n\n\n\n<p class=\"wp-block-paragraph\">Although Indian markets recovered, investors continue to monitor global developments closely.<\/p>\n\n\n\n<figure class=\"wp-block-table\"><table class=\"has-fixed-layout\"><tbody><tr><td><strong>Global Indicator<\/strong><\/td><td><strong>Current Trend<\/strong><\/td><\/tr><tr><td><strong>Nikkei stock index<\/strong><\/td><td>Trading with moderate gains<\/td><\/tr><tr><td><strong>Hang Seng stock index<\/strong><\/td><td>Mixed performance amid regional uncertainty<\/td><\/tr><tr><td><strong>United States stock market<\/strong><\/td><td>Investors watching geopolitical developments and interest rate outlook<\/td><\/tr><tr><td>Brent Crude Oil<\/td><td>Trading near $77 per barrel<\/td><\/tr><\/tbody><\/table><\/figure>\n\n\n\n<p class=\"wp-block-paragraph\">Any escalation in geopolitical tensions or a sharp rise in crude oil prices could influence market sentiment in the coming sessions.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><strong>Technical Levels Investors Should Watch<\/strong><\/h2>\n\n\n\n<p class=\"wp-block-paragraph\">Market experts believe the Nifty has successfully defended its immediate support zone, keeping the broader trend intact.<\/p>\n\n\n\n<figure class=\"wp-block-table\"><table class=\"has-fixed-layout\"><tbody><tr><td><strong>Technical Indicator<\/strong><\/td><td><strong>Level<\/strong><\/td><\/tr><tr><td>Immediate Support<\/td><td>23,800\u201323,500<\/td><\/tr><tr><td>Key Resistance<\/td><td>24,000\u201324,300<\/td><\/tr><tr><td>Trend Outlook<\/td><td>Positive above support<\/td><\/tr><tr><td>Risk Factor<\/td><td>Global geopolitical developments<\/td><\/tr><\/tbody><\/table><\/figure>\n\n\n\n<p class=\"wp-block-paragraph\">A sustained move above 24,000 could strengthen bullish momentum, while a break below support may invite fresh selling pressure.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><strong>Navigate Market Volatility with Eqwires<\/strong><\/h2>\n\n\n\n<p class=\"wp-block-paragraph\">The latest stock market news demonstrates how quickly market sentiment can change amid global uncertainties. While India&#8217;s strong economic fundamentals continue to support long-term growth, short-term volatility remains inevitable.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">For investors seeking expert market guidance, Eqwires provides research-backed investment strategies through its SEBI-registered research analysts. From intraday trading tips and equity recommendations to options strategies, BTST calls, swing trading ideas, and index advisory services, Eqwires helps traders make informed decisions using data-driven research and advanced market analysis.&nbsp;<\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><a href=\"https:\/\/www.eqwires.com\/tutorials\/who-is-the-best-sebi-registered-investment-advisor-in-i\"><strong>Eqwires Research Analyst<\/strong><\/a><\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><a href=\"https:\/\/www.eqwires.com\/\"><strong>Top-notch SEBI registered research analyst<\/strong><\/a><\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><a href=\"https:\/\/www.eqwires.com\/\"><strong>Best SEBI registered Intraday tips provider<\/strong><\/a><\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>info@eqwires.com<\/strong><\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><a href=\"https:\/\/t.me\/eqwires\"><strong>Telegram <\/strong><\/a><strong>| <\/strong><a href=\"https:\/\/www.facebook.com\/eqwires\/\"><strong>Facebook <\/strong><\/a><strong>| <\/strong><a href=\"https:\/\/instagram.com\/Eqwires\"><strong>Instagram<\/strong><\/a><\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>Call: +91 9624421555 \/ <\/strong><strong><em>+91 9624461555<\/em><\/strong><\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><a href=\"http:\/\/www.eqwires.com\/\"><strong>www.eqwires.com<\/strong><\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Indian equity benchmarks rebounded sharply on Thursday, recovering from the previous session&#8217;s heavy sell-off as investors returned to quality stocks. In the latest stock market news, the BSE and Sensex gained over 238 points while the NSE Nifty 50 closed just below the key 24,000 level, highlighting the resilience of the India stock exchange despite lingering geopolitical concerns. The recovery follows Wednesday&#8217;s steep decline, when escalating tensions between the United States and Iran wiped out &hellip; <a href=\"https:\/\/www.eqwires.com\/tutorials\/stock-market-news-sensex-gains-238-points-value-buying\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;Stock Market News: Sensex Jumps 238 Points, Nifty Nears 24K\u00a0&#8220;<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[74],"tags":[],"class_list":["post-6399","post","type-post","status-publish","format-standard","hentry","category-best-sebi-registered-advisory-company"],"_links":{"self":[{"href":"https:\/\/www.eqwires.com\/tutorials\/wp-json\/wp\/v2\/posts\/6399","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.eqwires.com\/tutorials\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.eqwires.com\/tutorials\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.eqwires.com\/tutorials\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.eqwires.com\/tutorials\/wp-json\/wp\/v2\/comments?post=6399"}],"version-history":[{"count":1,"href":"https:\/\/www.eqwires.com\/tutorials\/wp-json\/wp\/v2\/posts\/6399\/revisions"}],"predecessor-version":[{"id":6401,"href":"https:\/\/www.eqwires.com\/tutorials\/wp-json\/wp\/v2\/posts\/6399\/revisions\/6401"}],"wp:attachment":[{"href":"https:\/\/www.eqwires.com\/tutorials\/wp-json\/wp\/v2\/media?parent=6399"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.eqwires.com\/tutorials\/wp-json\/wp\/v2\/categories?post=6399"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.eqwires.com\/tutorials\/wp-json\/wp\/v2\/tags?post=6399"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}