India’s share market indices, Sensex and Nifty50, ended the day’s trade in green on Tuesday, June 24, 2025. The Sensex (index with top 30 firms) tumbled 158.32 points to close at 82,055.11 on Tuesday. Meanwhile, Nifty50 (index with top 50 firms) was down 72.45 points to close at 25,044.35 points.
In the morning, the Sensex surged 637.82 points to open at 82,534.61. Meanwhile, Nifty50 was up 208 points to open at 25,179.90 points.
Indian share market witnessed a strong rally on Tuesday as US President Donald Trump announced a ceasefire between Israel and Iran, bringing some relief to global investors amid recent geopolitical tensions.
Experts said that with tensions between Israel and Iran de-escalating, investors are now shifting focus to upcoming global events that could influence markets. One of the key dates on investors’ radar is July 9, the deadline related to US tariff decisions. If tariff concerns are deferred or resolved, the markets may continue their upward trend.
What Else For Share Market?
Ajay Bagga, Banking and Market Expert, told ANI, “The geopolitical storm seems to be ending as President Trump announces Israel-Iran ceasefire.”
“Markets have started chasing the proverbial rainbow just beyond the horizon. Crude oil made the biggest move, with the entire $10 risk premium embedded being shattered in a swift move downwards. Global stock markets are cheering the cessation of hostilities. Dollar is down, Gold is down and risk on moves are evident in soaring markets,” he said.
He further added, “The rainbow is clouded by uncertainty around Trump tariffs, Trump tax bill and the Fed next move. As the war clouds disperse, the next overhang on markets will be the looming deadline for tariffs of July 9th, the passage of the Big Beautiful Trump Tax bill and the July 29th-30th FOMC meeting where rate cuts might resume.”
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