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Markets Rebound on April 28: Sensex Jumps 600+ Points, Nifty Holds Above 24,000

Markets Rebound on April 28: Sensex Jumps 600+ Points, Nifty Holds Above 24,000

Indian stock markets staged a strong rebound on 28 April 2026, snapping the recent losing streak as both benchmark indices closed firmly in the green. The Sensex surged over 600 points, while the Nifty reclaimed and held above the 24,000 mark, reflecting improved investor sentiment.

The rally was supported by broad-based buying across sectors, with IT stocks seeing a notable recovery after last week’s sharp correction. Banking, pharma, and heavyweight stocks also contributed to the upside, helping the market recover from earlier geopolitical and crude-led concerns.

A major sentiment booster came from reports suggesting fresh diplomatic talks around the Iran–US tensions, which helped calm fears around crude oil supply disruptions. With Brent crude stabilising near elevated levels, panic selling pressure eased considerably.

Broader markets outperformed as well, with midcaps and smallcaps posting stronger gains than the benchmark indices, indicating renewed risk appetite among investors.

Do you think this bounce above 24,000 signals the start of a fresh rally, or should investors still stay cautious?

This news is for information only and is not investment advice. Please do your own research before making investment decisions.