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Midday Report- Sensex gains 620 points, Nifty above 24,200
20 Aug 2026, 1:03PM

Indian equites rebounded on August 20, 2026, after ending its recent losing streak, supported by declining US bond yields, short-covering activity, and improved investor sentiment. The positive momentum was further aided by selective buying in heavyweight stocks, leading to a broad-based improvement across key indices. The rally was primarily led by IT stocks, followed by banking, financials, metals, and realty sectors. At 12.59 pm, Sensex rose by 0.69% or 620 points to 77,520. The Nifty gained 0.78% or 166 points to 24,243.

Global Update-

Asian stock markets gain as US treasury supports bonds.

European markets traded higher, supported by easing bond yields and improved global risk sentiment.

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