Why Share Market is Rising (NSE and BSE): Sensex Gains 400 Points, Nifty Tops 24,300 on Global Relief & FII Buying

India’s key stock indices moved up in Friday’s session.
- BSE Sensex rose about 400 points.
- Nifty 50 crossed the 24,300 mark.
Most sectoral indices were positive, while broader markets also stayed strong with midcap and smallcap stocks gaining nearly 1%.
IT Stocks Drag Slightly
The IT sector was the only major laggard. Wipro fell around 2.5% after reporting weak quarterly results and warning about slower demand from US banking clients.
Easing Geopolitical Tensions Lifts Sentiment
Investor confidence improved after:
- A temporary ceasefire between Israel and Lebanon.
- Hopes of renewed US–Iran negotiations.
- Efforts by France and the UK to reopen the Strait of Hormuz, a key oil route.
These developments reduced global uncertainty and supported markets.
Lower Crude Oil Prices Provide Relief
Crude oil stayed below $100 per barrel, which is positive for India.
Lower oil prices help:
- Reduce inflation pressure
- Cut the country’s import bill
- Improve corporate margins
Positive Global Market Cues
US markets ended higher overnight. Both S&P 500 and Nasdaq Composite closed at record highs, boosting global market sentiment.
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Foreign Investors Return to Buying
Foreign institutional investors (FIIs) bought Indian equities worth ₹382 crore, supporting the rally.
At the same time, the Indian rupee strengthened against the US dollar due to foreign inflows and improving global sentiment.
Conclusion
The market rally was driven by easing geopolitical risks, falling crude prices, strong global cues, and fresh foreign buying.
Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute a personal recommendation or investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions.
Investments in the securities market are subject to market risks. Read all related documents carefully before investing.
Published on: Apr 17, 2026, 12:59 PM IST

Kusum Kumari
Kusum Kumari is a Content Writer with 4 years of experience in simplifying financial market concepts. Currently crafting insightful content at Angel One, She specialise in breaking down complex topics into easy-to-understand pieces, blending expertise in market fundamentals and technical analysis.
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