Mumbai, India — March 5, 2026
India’s stock market staged a strong comeback on Thursday, with benchmark indices Sensex and Nifty closing sharply higher, tracking gains in global markets after recent volatility triggered by geopolitical tensions in West Asia.
The BSE Sensex surged 899.71 points, or 1.14%, to close at 80,015.90, while the NSE Nifty climbed 285.40 points, or 1.17%, ending the session at 24,765.90. The rally helped both indices recover from several days of losses earlier this week.
Markets Recover After Recent Decline
Thursday’s gains came after a period of sharp declines triggered by uncertainty in global markets and geopolitical tensions in the Middle East. Improved investor sentiment globally helped Indian equities rebound.
During the trading session, the Sensex climbed as much as 1,187.64 points to touch an intraday high of 80,303.83 before settling slightly lower by the close.
The rally also ended a four-session losing streak for the Sensex and a three-day decline for the Nifty, restoring confidence among investors after recent volatility.
Rupee Recovers Against the Dollar
The Indian rupee also strengthened during the session. After recently hitting record lows, the currency recovered by 45 paise to close at 91.60 against the US dollar, reflecting improved sentiment in financial markets.
Top Gainers and Losers
Among the Sensex-listed companies, several major stocks led the rally.
Top gainers included:
Adani Ports
Larsen & Toubro
NTPC
Reliance Industries
Bharat Electronics
InterGlobe Aviation
Meanwhile, some stocks closed lower despite the broader market rally.
Key laggards included:
Tech Mahindra
HCLTech
Hindustan Unilever
ICICI Bank
Global Markets Support Rally
The positive momentum in Indian equities was supported by strong performance across global markets.
Asian markets closed higher, with South Korea’s Kospi index surging more than 9.6%, while Japan’s Nikkei 225, China’s Shanghai SSE Composite, and Hong Kong’s Hang Seng also ended the session in positive territory.
European markets traded higher during the day, while US markets closed in positive territory on Wednesday, boosting global investor confidence.
Oil Prices Rise
In the commodities market, Brent crude oil prices rose 1.84% to $82.90 per barrel, reflecting ongoing geopolitical developments and supply concerns.
Institutional Investor Activity
Market data showed mixed activity among institutional investors.
Foreign Institutional Investors (FIIs) sold shares worth ₹8,752.65 crore on Wednesday.
Domestic Institutional Investors (DIIs) bought equities worth ₹12,068.17 crore, providing support to the market.
Previous Session Performance
In the previous trading session on Wednesday, markets had ended sharply lower.
The Sensex dropped 1,122.66 points, or 1.40%, to close at 79,116.19, marking its fourth straight day of decline. Meanwhile, the Nifty fell 385.20 points, or 1.55%, to settle at 24,480.50, extending its losing streak to three sessions.
Thursday’s rebound indicates that investors are responding to improved global cues and stabilization in broader market sentiment.
