Stock markets snap five-day fall; Sensex jumps 776 points on sharp drop in crude oil prices
Indian stock markets rebounded on Monday, ending a five-day losing streak as the Sensex rose by 776 points. The rally was primarily driven by a significant drop in global crude oil prices following eased tensions in West Asia.
Why it matters
The market recovery signals improved investor sentiment regarding inflation and import costs, which are heavily influenced by global energy prices.
Stock markets snapped the five-day losing streak on Monday (July 27, 2026), with the benchmark Sensex jumping by 776 points following a sharp decline in crude oil prices amid easing tensions in West Asia.
The 30-share BSE Sensex jumped 776.01 points, or 1.02%, to settle at 76,835.78. During the day, it soared 841.74 points, or 1.10%, to 76,901.51. The 50-share NSE Nifty surged 228.50 points, or 0.96%, to end at 23,995.95, ending its five-day losing trend.
Among Sensex firms, Eternal jumped the most by 5.70%. InterGlobe Aviation, Infosys, Bajaj Finance, Asian Paints and Mahindra & Mahindra were also among the gainers. HDFC Bank, Power Grid and Axis Bank were the laggards. Brent crude, the global oil benchmark, tanked 9.40% to $87.64 per barrel.
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