Post Market, 24 March 2026: Markets Move Higher After Recent Fall

Markets moved higher on Tuesday after the sharp decline in the previous session. Benchmark indices opened firm and held gains through the day.

Oil prices have cooled from recent highs, though they continue to be closely tracked. The rupee showed some stability, and buying was visible across sectors from early trade.

Closing Bell

• Sensex rose by 1,372 points and closed at 74,068.45

• Nifty 50 gained around 400 points and settled around 22,912

Broader Markets

The rebound was also seen in the broader market, with midcap and smallcap indices rising around 2.6% each, pointing to a pickup in participation after the previous session’s decline.

Gains were spread across sectors, with all indices ending in positive territory. Stocks from auto, IT, metal, media, consumer durables and infrastructure spaces moved higher, most of them advancing close to 2%.

Banking stocks, which were under pressure a day earlier, bounced back. The Nifty Bank index jumped 1,168 points to 52,606, reclaiming the 52,000 mark on the back of key players gaining strength.

What Moved The Markets Today?

Markets recovered on Tuesday following the steep fall seen in the previous session.

Sentiment improved after some easing in concerns around the West Asia situation. US President Donald Trump spoke about a five-day pause on possible strikes, pointing to progress in talks. Iran, however, denied any such engagement and continued its actions, keeping uncertainty in place.

Oil prices have eased from recent highs but continue to trade above $100, with Brent crude around $101.97 per barrel.

The rupee, which had slipped to around ₹93.97 in the previous session, showed some stability and was trading near ₹93.87 at 15:30 IST.

Global markets were relatively steady, and Asian indices saw some recovery after Monday’s decline. Part of the move also came from short covering and buying at lower levels.

Overall, the rebound looks more like a pause after the recent fall rather than a clear change in trend. Foreign investor activity remains negative, with FIIs having pulled out over $11 billion so far this month, indicating that pressure has not fully eased.

Commodities Watch: Gold And Silver

Gold and silver opened lower on Tuesday, with prices coming under pressure as the US dollar strengthened and global cues remained mixed. In early trade (09:21 IST), gold futures on the MCX were down 1.36% at ₹1,37,350 per 10 grams, while silver fell 3.14% to ₹2,18,108 per kg.

Through the session, prices recovered from the opening lows. By midday, gold moved closer to the ₹1.38 lakh mark, while silver was around ₹2,18,348 per kg. Later in the day (13:38 IST), both metals edged higher, with gold rising 0.36% to ₹1,39,762 and silver gaining 0.28% to ₹2,25,800, indicating some buying interest after the initial decline.

Toward the close (15:11 IST), bullion prices were trading slightly higher, holding on to the gains seen during the session. On the MCX, gold was up by about ₹540, or 0.39%, at ₹1,39,800 per 10 grams, while silver rose by ₹834, or 0.37%, to ₹2,26,001 per kg.

In international markets, Comex gold and silver also showed a slight recovery, suggesting that the recent pressure may be easing, though the trend remains cautious.

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What Should Investors Watch Next?

After today’s move, the focus will be on whether the buying continues or fades. The rebound has come after a sharp fall, so the next few sessions will be important in understanding the direction.

Developments around the West Asia situation will remain in focus. Oil prices and the rupee will also be tracked closely, as any renewed pressure could quickly affect sentiment again.

Sources:

Live Mint

CNBC

Economic Times

Money Control