Indian Stock Markets Jump Today: 2 Powerful Shares to Buy

Indian Stock Market Jump Today After Ceasefire Boost

The Indian stock markets witnessed a strong surge during Tuesday’s opening session, sparked by a global geopolitical development. US President Donald Trump announced a ceasefire agreement between Israel and Iran, instantly easing investor concerns and fueling a rally in Indian stock markets.

Indian Stock Market Opening Highlights

• Nifty 50 opened at 25,179.90, gaining 208 points (0.83%)
• Sensex surged to 82,534.61, up 637.82 points (0.78%)

This rise in Indian stock market indicates strong bullish sentiment driven by improving global cues.

Why Indian Stock Market Are Up Today

1. Trump’s Ceasefire Deal

The major catalyst behind today’s rally in Indian stock market is Trump’s declaration of a ceasefire between Israel and Iran. This reduced geopolitical uncertainty and brought a wave of relief to investors.

2. Crude Oil Price Drop

The decline in global crude prices further supported the uptrend, especially benefiting oil-sensitive sectors within Indian stock market.

3. Focus Shifts to July 9 Tariff Decision

Investors are now turning their attention to the upcoming US tariff policy update on July 9, which is expected to influence future trends in Indian stock market.

Market Outlook by 5paisa Expert Sachin Gupta

Support and Resistance Levels in Indian Stock Market

• Nifty 50 Support: 24,800
• Resistance: 25,100
• Breakout Zone: 25,300–25,350

According to Sachin Gupta of 5paisa, the Indian stock markets are currently facing consolidation between 24,800 and 25,100. A strong breakout above 25,100 may take the Nifty 50 further upward.

Top Stock Picks in Indian Stock Markets – June 24

Angel One – Bullish Reversal Opportunity

Angel One is showing strong reversal signals in Indian stock market:

• Rebounded from 50-day EMA
• Took support near 38.2% Fibonacci retracement
• Surge in volume confirms bullish participation

Trade Idea:

• Entry: ₹2,900
• Target: ₹3,050 and ₹3,200
• Stop Loss: ₹2,870

Angel One is currently one of the most favorable picks in Indian stock markets for short-term traders.

Trent – Strong Momentum Stock

Trent continues to attract buyers in Indian stock markets due to:

• Breakout above 200-day EMA
• Price surpassing upper Bollinger Band
• Formation of a rounding bottom pattern
• High trading volume confirms breakout

Trade Idea:

• Buy on dips
• Target: ₹6,350 and ₹6,500

Trent’s technical structure indicates a sustainable uptrend, making it a solid addition to watch in Indian stock markets.

What’s Next for Indian Stock Markets?

All eyes are now on July 9, when the US will make key tariff decisions. If the decisions are positive or postponed, expect continued bullish momentum in Indian stock markets.

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