Nifty 50 : 24,260 (up about 190–200 points, ~0.8%)

Key Reasons for the Rally

Cooling crude oil prices
Oil dropped after earlier spikes, which improved market sentiment.

Positive global cues
Global markets recovered after comments suggesting the Middle East conflict may ease.

Sectoral buying

Strong buying in auto, consumption, financials, and pharma

IT and oil-related stocks saw some profit booking.

Market Breadth

Midcaps and consumption stocks: positive momentum

Banking stocks: helped push the market higher

Selective profit booking: mainly in IT stocks.

Short Context

The market had fallen nearly 2% in the previous session due to geopolitical tensions and rising crude oil prices.

Today’s rally is largely a relief bounce rather than a confirmed trend reversal.