Sensex today | Stock Market Live: Sensex jumps over 580 points, Nifty nears 23,950 on global rally and softer crude

Sensex Today, Nifty 50 | Stock Market Live Updates - Find here all the live updates related to Sensex, Nifty, BSE, NSE, share prices and Indian stock markets for 27th July 2026.

Indian equities began the week on a strong note, buoyed by a global market rally and softer crude oil prices following the US and Iran’s decision to pause military strikes. However, analysts expect volatility to remain elevated amid Tuesday’s monthly F&O expiry, persistent FII short positions and lingering geopolitical uncertainty.

Benchmark indices opened on a firm note, with the Sensex climbing 584.05 points, or 0.77%, to 76,643.82 at 9.16 a.m. after opening at 76,608.98 against the previous close of 76,059.77. The Nifty 50 advanced 154.75 points, or 0.65%, to 23,922.20.

Derivatives data suggest a cautious market, with India VIX rising to 14.03 and the technical setup continuing to favour a sell-on-rise strategy.

Analysts see immediate support around the 23,700 level, while a break below 23,650 could trigger further downside. A decisive close above 24,000–24,130 is needed to improve the near-term outlook

Investors will closely monitor crude oil prices, developments in the US-Iran conflict, foreign portfolio investor flows and the Q1 FY27 earnings season for direction.

Defensive sectors such as FMCG continue to attract institutional buying, while broader mid-cap stocks remain under pressure.

• Opening cue: Gift Nifty at around 23,950 indicates a mildly positive start, supported by easing crude oil prices and improved global sentiment following the US-Iran pause in hostilities.

• Immediate resistance: 24,000-24,130 remains the key hurdle. A decisive close above this zone could revive bullish momentum and open the way towards 24,250-24,400.

• Key support: 23,700 is the immediate support, with stronger support at 23,650. A break below 23,650 could trigger a deeper correction towards 23,515-23,325.

• Derivatives view: FIIs continue to hold sizeable index short positions, while elevated India VIX (14.03) and monthly F&O expiry on Tuesday point to heightened volatility. Short covering is yet to emerge.

• Market strategy: Analysts continue to favour a sell-on-rise approach until Nifty decisively reclaims the 24,000-24,130 zone. Stock-specific opportunities are likely to dominate amid the Q1 earnings season.