Why did Sensex today rise over 500 points?

Sensex today advanced on supportive global cues, steady domestic macro trends, and strong buying in PSU banks. Gift Nifty live signaled a firm open, and traders assessed tariff headlines that could aid select exporters. Buying interest broadened through the session, helping BSE Sensex and Nifty 50 today hold gains despite weakness in a few large stocks.

What triggered the fall in IDFC First Bank?

The decline followed a fraud disclosure that raised near-term risk concerns. According to market updates, the stock fell sharply intraday as traders reduced exposure to guard against potential losses. Investors now await clarity on the financial impact, recovery measures, and control enhancements before reassessing the bank’s risk profile and earnings visibility.

Why did UPL underperform today?

UPL weakened on leverage and cash flow worries. Traders sought clarity on deleveraging timelines, asset monetization, and margins. Until there is better visibility on balance-sheet repair and operating cash generation, the stock can stay volatile. Risk management and staggered positioning are preferred while awaiting updates from management or lenders.

How does the US Supreme Court tariff ruling affect Indian stocks?

It introduced hope for relief in some exporter segments while creating uncertainty until final details filter through. Metals and some textile stocks reacted, with moves diverging by product mix and exposure to US demand. Investors are watching for official notifications, trade responses, and currency trends to gauge earnings impact over the next few quarters.

What is Gift Nifty live and why does it matter?

Gift Nifty live reflects futures trading in Gujarat’s IFSC zone and offers early cues for Indian equities. When it trades higher, it often signals a positive open for BSE Sensex and Nifty 50 today. It is not a guarantee of direction, but it helps traders plan entries and risk controls before cash markets open.

Global Market Insights

Sensex Today, February 24: PSU Banks Lead; IDFC First Bank, UPL Sink

ByDanny Kontos February 24, 2026February 24, 2026

Sensex today opened firm as Gift Nifty live signaled strength and global headlines aided risk appetite. BSE Sensex jumped 500+ points while Nifty 50 today held above 25,750. PSU banks led gains on steady credit trends. IDFC First Bank slumped after a fraud disclosure and UPL fell on leverage worries. Textile shares were mixed after the US Supreme Court tariff ruling, with traders also weighing reports of a temporary 15% global levy starting February 24.