{"id":2016,"date":"2026-03-25T22:49:39","date_gmt":"2026-03-25T17:19:39","guid":{"rendered":"https:\/\/newsaxis.com\/?p=2016"},"modified":"2026-03-25T22:49:39","modified_gmt":"2026-03-25T17:19:39","slug":"sensex-nifty-extend-gains-on-softer-oil-prices-global-cues","status":"publish","type":"post","link":"https:\/\/newsaxis.com\/?p=2016","title":{"rendered":"Sensex, Nifty extend gains on softer oil prices, global cues"},"content":{"rendered":"\n<figure class=\"wp-block-gallery has-nested-images columns-default is-cropped wp-block-gallery-1 is-layout-flex wp-block-gallery-is-layout-flex\">\n<figure class=\"wp-block-image size-large\"><img loading=\"lazy\" decoding=\"async\" width=\"273\" height=\"400\" data-id=\"2017\" src=\"https:\/\/newsaxis.com\/wp-content\/uploads\/2026\/03\/sensex-1-8.jpg\" alt=\"\" class=\"wp-image-2017\" srcset=\"https:\/\/newsaxis.com\/wp-content\/uploads\/2026\/03\/sensex-1-8.jpg 273w, https:\/\/newsaxis.com\/wp-content\/uploads\/2026\/03\/sensex-1-8-205x300.jpg 205w\" sizes=\"auto, (max-width: 273px) 100vw, 273px\" \/><\/figure>\n<\/figure>\n\n\n\n<p>Mumbai, Indian stock markets ended higher for the second straight session on Wednesday, supported by easing oil prices and positive global cues.<\/p>\n\n\n\n<p>Investor sentiment improved after US President Donald Trump reiterated that talks are ongoing to bring an end to the conflict in the Middle East.<\/p>\n\n\n\n<p>The benchmark indices saw strong gains, with the Nifty rising 1.72 per cent, or 392.70 points, to close at 23,306.45.<\/p>\n\n\n\n<p>The Sensex also advanced 1.63 per cent, or 1,205 points, to settle at 75,273.45.<\/p>\n\n\n\n<p>\u201cGoing ahead, 23300\u201323350 remains a critical zone. Sustaining above this range could provide short-term stability, while failure to hold may invite renewed selling pressure,\u201d a market expert stated.<\/p>\n\n\n\n<p>\u201cOn the upside, 23500\u201323600 continues to act as a strong supply zone, followed by 23800. On the downside, 23000 remains a crucial support backed by strong demand and OI build-up, with 22900 as the next support in case of weakness,\u201d an analyst added.<\/p>\n\n\n\n<p>Tech Mahindra, Power Grid and TCS was major laggards on Sensex. On the upside, Bajaj Finance, Titan, IndiGo, Trent, Mahindra and Mahindra was among top gainers on the 30-share pack.<\/p>\n\n\n\n<p>Broader markets performed even better than the main indices. The Nifty MidCap index gained 2.30 per cent, while the SmallCap index jumped 2.59 per cent.<\/p>\n\n\n\n<p>Among sectors, consumer-focused stocks led the rally, with the Nifty Consumer Durables index emerging as the top gainer.<\/p>\n\n\n\n<p>Real estate and public sector bank stocks also saw solid gains, outperforming most other sectors during the session.<\/p>\n\n\n\n<p>However, the IT sector lagged behind the broader market, with the Nifty IT index ending lower compared to its peers.<\/p>\n\n\n\n<p>Analysts said that the market rally was driven by hopes of easing geopolitical tensions and softer oil prices, which boosted investor confidence across sectors.<\/p>\n\n\n\n<p>\u201cThe primary trigger for improved sentiment was emerging signals of a potential pause in the ongoing US-Iran conflict,\u201d a market expert mentioned.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Mumbai, Indian stock markets ended higher for the second straight session on Wednesday, supported by easing oil prices and positive global cues. Investor sentiment improved after US President Donald Trump [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":2009,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4,20],"tags":[],"class_list":["post-2016","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-business","category-display","has_thumb"],"_links":{"self":[{"href":"https:\/\/newsaxis.com\/index.php?rest_route=\/wp\/v2\/posts\/2016","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/newsaxis.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/newsaxis.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/newsaxis.com\/index.php?rest_route=\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/newsaxis.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=2016"}],"version-history":[{"count":1,"href":"https:\/\/newsaxis.com\/index.php?rest_route=\/wp\/v2\/posts\/2016\/revisions"}],"predecessor-version":[{"id":2018,"href":"https:\/\/newsaxis.com\/index.php?rest_route=\/wp\/v2\/posts\/2016\/revisions\/2018"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/newsaxis.com\/index.php?rest_route=\/wp\/v2\/media\/2009"}],"wp:attachment":[{"href":"https:\/\/newsaxis.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=2016"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/newsaxis.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=2016"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/newsaxis.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=2016"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}