Sensex Surges Over 1,300 Points, Nifty Above 22,900 as Market Rebounds Sharply

Indian stock markets saw a strong recovery on March 24, 2026, with the Sensex rising over 1,300 points and the Nifty closing above 22,900, recovering major losses from the previous crash. The biggest reason behind this rally was easing geopolitical tensions, as the U.S. paused military action against Iran, which boosted investor confidence globally. At the same time, crude oil prices showed some stability, reducing fears of inflation and economic pressure, especially for countries like India that depend heavily on oil imports. The Indian rupee also strengthened, and positive global market cues supported buying across sectors. This helped markets recover ₹8 lakh crore+ investor wealth in a single day after the previous session’s heavy losses. Overall, the market showed how quickly sentiment can change — from panic selling to strong buying — based on global developments. Is this rally sustainable, or just a short-term bounce after the crash?