Pre-Market 25 June 2026: GIFT Nifty Signals Firm Start After 791-Point Sensex Rally; What To Expect Today

Buying returned to Dalal Street on Wednesday after a sharp sell-off in the previous session, with banking and IT stocks leading the recovery.

The Sensex climbed 791 points to close at 76,991.22 on 24 June, while the Nifty 50 rose 198 points to settle at 24,021.65. Broader markets lagged behind the benchmarks. The Nifty Midcap 100 gained 0.10%, while the Nifty Smallcap 100 advanced 0.39%.

The rally added more than ₹1 lakh crore to investor wealth, taking the market capitalisation of BSE-listed companies above ₹476 lakh crore.

What Drove The Market Higher On Wednesday?

The Nifty IT index gained more than 2% as investors returned to technology shares after recent weakness.

The Bank Nifty, Nifty Private Bank and Nifty Financial Services indices rose over 1.5% each. Market participants continued to favour the sector amid expectations of steady credit growth in the coming quarters.

Some market experts also pointed to a shift in global investor positioning. After the sharp rally in AI-linked stocks over the past year, investors have started looking at opportunities in sectors and markets that offer broader earnings visibility.

Brent crude traded near the $75-a-barrel mark, reducing concerns around inflation and import costs for India. Positive reports surrounding a potential India-US trade agreement added to the mood, while foreign portfolio investors remained buyers. Exchange data showed FPIs purchased equities worth ₹17.86 crore on Tuesday.

How Did Global Markets Perform After Indian Market Hours?

Wall Street traded in a narrow range on Wednesday as investors assessed technology stocks and awaited earnings from memory-chip maker Micron.

On 24 June:

• Dow Jones Industrial Average rose 182.06 points to 51,848.90

• S&P 500 shed 7.24 points to 7,358.22.

• Nasdaq Composite shed 110.40 points to 25,476.64

US markets have remained sensitive to concerns around AI-related spending, while investors continue to assess the possibility of a more hawkish Federal Reserve stance.

Asian markets closed mixed.

• Nikkei 225 declined 613.41 points to 69,174.97

• Hang Seng rose 75.90 points to 23,412.18

• Singapore's Straits Times Index stood at 5,215.99, up 10.25 points

European markets were largely positive.

• FTSE closed at 10,461.63, up 32.78 points

• CAC stood at 8,385.49, higher by 44.78 points

GIFT Nifty Update

By 20:18 IST on 24 June, GIFT Nifty was trading at 24,061.50, up 38.50 points, or 0.16%. The futures contract remained above Wednesday's Nifty close of 24,021.65 after market hours, indicating a mildly positive start for Thursday's session.

Key Levels To Watch For Nifty

The index has bounced back above the 24,000 mark, but traders are watching whether it can clear an important resistance zone near its 100-day EMA.

Support Levels

• 23,900

• 23,870

Resistance Levels

• 24,140

• 24,170

If Nifty manages to sustain above this zone, analysts see room for a move towards 24,300 and then 24,450.

Also Read - Market Wrap, 24 June 2026

What Should Investors Expect Today?

The spotlight is likely to stay on banks and IT counters, which led the market higher on Wednesday.

Trade negotiations between India and the United States will also be on investors' radar after recent reports boosted hopes of an agreement.

On the technical front, traders will watch whether the Nifty can extend its recovery beyond the 24,140-24,170 region, an area analysts identify as the immediate hurdle for the index.