Equity benchmark indices Sensex and Nifty rebounded in early trade on Friday, driven by a rally in bank stocks and a positive trend in global markets. The 30-share BSE Sensex jumped 630.08 points to 77,261.73 in early trade. The 50-share NSE Nifty climbed 203.6 points to 23,978.70. From the 30-Sensex firms, Axis Bank, Asian Paints, Bajaj Finserv, State Bank of India, ICICI Bank and Bajaj Finance were the major gainers. Sun Pharma, Infosys, Tata Consultancy Services, HCL Tech, Tech Mahindra and Titan were the laggards. Brent crude, the global oil benchmark, traded 0.20 per cent up at USD 96.11 per barrel. In Asian markets, South Korea's benchmark Kospi, Japan's Nikkei 225 index, Shanghai's SSE Composite index and Hong Kong's Hang Seng index were trading higher. US markets ended in positive territory on Thursday. "Strength in US markets, where the Dow extended its rally, along with broadly positive Asian markets, reflects continued optimism around the fragile USâ¿¿Iran ceasefire. While global sentiment has improved, it is still highly event-driven. "Any shift in geopolitical developments can quickly alter risk appetite, especially through its impact on crude oil prices. This keeps the upside constructive but not fully stable," Hariprasad K, Research Analyst and Founder, Livelong Wealth, said. Foreign Institutional Investors (FIIs) offloaded equities worth Rs 1,711.19 crore on Thursday, according to exchange data. Domestic Institutional Investors (DIIs), however, bought stocks worth Rs 955.90 crore. The market is now in a "wait and watch" phase - highly sensitive to news flow, with direction dependent on three key triggers: geopolitical developments, crude oil movement, and FIIs, Ponmudi R, CEO of Enrich Money, an online trading and wealth tech firm, said. On Thursday, the Sensex dropped 931.25 points or 1.20 per cent to settle at 76,631.65. The Nifty declined 222.25 points or 0.93 per cent to end at 23,775.10. This story has been sourced from a third party syndicated feed, agencies. Mid-day accepts no responsibility or liability for its dependability, trustworthiness, reliability and data of the text. Mid-day management/mid-day.com reserves the sole right to alter, delete or remove (without notice) the content in its absolute discretion for any reason whatsoever.
10 April,2026 11:07 AM IST | Mumbai | PTIStock market benchmark indices Sensex and Nifty tumbled in early trade on Thursday after an impressive rally in the previous session amid fresh tensions in West Asia, igniting concerns over a potential ceasefire breach. The 30-share BSE Sensex dropped 243.57 points to 77,319.33 in opening trade. The 50-share NSE Nifty declined 88.3 points to 23,909.05. Later, the BSE benchmark quoted 728.93 points lower at 76,833.97, and the Nifty tumbled 189.55 points to 23,821.45. From the 30-Sensex firms, Infosys, Adani Ports, InterGlobe Aviation, HDFC Bank, Bajaj Finance and ICICI Bank were among the major laggards.NTPC, Bharat Electronics, Tata Steel and Power Grid were among the gainers. Brent crude, the global oil benchmark, jumped 2.09 per cent to USD 96.73 per barrel. In Asian markets, South Korea's benchmark Kospi, Japan's Nikkei 225 index, Shanghai's SSE Composite index and Hong Kong's Hang Seng index were trading lower after a sharp rally in the previous trade. "With fair valuations in the market now, if the West Asian ceasefire holds, the market will remain resilient. But there are some concerns surrounding Israeli attack on Lebanon and its fallout on the ceasefire," VK Vijayakumar, Chief Investment Strategist, Geojit Investments Limited, said. US markets ended significantly higher on Wednesday. The Dow Jones Industrial Average jumped 2.85 per cent, Nasdaq Composite surged 2.80 per cent and S&P 500 climbed 2.51 per cent. Foreign Institutional Investors (FIIs) offloaded equities worth Rs 2,811.97 crore on Wednesday, according to exchange data. Domestic Institutional Investors (DIIs), however, bought stocks worth Rs 4,168.17 crore. Concerns have resurfaced after Iran signalled potential ceasefire breaches amid continued Israeli strikes in Lebanon, limiting follow-through optimism and keeping global risk sentiment in check, Hariprasad K, Research Analyst and Founder, Livelong Wealth, said. On Wednesday, the Sensex jumped 2,946.32 points or 3.95 per cent to settle at 77,562.90. The Nifty soared 873.70 points or 3.78 per cent to end at 23,997.35. This story has been sourced from a third party syndicated feed, agencies. Mid-day accepts no responsibility or liability for its dependability, trustworthiness, reliability and data of the text. Mid-day management/mid-day.com reserves the sole right to alter, delete or remove (without notice) the content in its absolute discretion for any reason whatsoever.
09 April,2026 10:30 AM IST | Mumbai | PTISensex and NSE Nifty surged sharply in Wednesday afternoon trade, tracking a strong rally in global markets and a decline in crude oil prices following the announcement of the US-Iran ceasefire, reported the PTI. Sensex jumped 2,988.82 points, or 4 per cent, to 77,605.40, while the Nifty rose 890.35 points, or 3.85 per cent, to 24,014. Investor sentiment improved after the United States and Iran announced a two-week ceasefire, easing concerns over supply disruptions. The agreement also ensured safe passage through the Strait of Hormuz, a key global oil route, reducing uncertainty in energy markets. Crude oil prices decline Brent crude prices fell sharply by 13.70 per cent to USD 94.44 per barrel, according to the PTI. Analysts said the drop in oil prices is positive for India as it helps control inflation and supports the rupee. Among Sensex firms, InterGlobe Aviation led the gains with a rise of nearly 10 per cent. Other major gainers included Larsen & Toubro, Bajaj Finance, Maruti Suzuki, UltraTech Cement and Mahindra & Mahindra. Tech Mahindra, Sun Pharma and Power Grid Corporation of India were among the laggards, the news agency reported. RBI maintains policy rate The Reserve Bank of India kept its key policy rate unchanged, adopting a cautious approach amid global uncertainty. The Monetary Policy Committee retained the repo rate at 5.25 per cent, citing concerns over inflation, energy prices and global growth, as per the PTI. Global markets reflect positive trend Asian markets also witnessed strong gains. South Korea’s Kospi surged nearly 7 per cent, while Japan’s Nikkei 225 rose over 5 per cent. Shanghai’s SSE Composite and Hong Kong’s Hang Seng index also recorded notable gains. US markets, however, ended flat on Tuesday. Foreign Institutional Investors (FIIs) sold equities worth Rs 8,692.11 crore on Tuesday, while Domestic Institutional Investors (DIIs) bought shares worth Rs 7,979.50 crore, according to exchange data, the news agency reported. The ceasefire US President Donald Trump pulled back on his threats to launch devastating strikes on Iran late Tuesday, as the US and Iran agreed to a two-week ceasefire that includes the reopening of the Strait of Hormuz. Trump swerved to de-escalate the war less than two hours before the deadline he set for Tehran to capitulate to a deal or face attacks on its bridges and power plants meant to destroy the Iranian civilisation. Trump made the dramatic announcement on Truth Social on Tuesday evening (US time) even as Democrats called for his removal over unhinged threats to wipe out the Iranian civilisation. (with PTI inputs)
08 April,2026 01:36 PM IST | Mumbai | mid-day online correspondentStock market benchmark indices Sensex and Nifty surged in early trade on Wednesday following a sharp rally in global peers and a significant drop in crude oil prices after the US and Iran announced a two-week ceasefire. The 30-share BSE Sensex jumped 2,775.73 points or 3.71 per cent to 77,392.31 in early trade. The 50-share NSE Nifty surged 815.2 points or 3.52 per cent to 23,938.85. From the 30-Sensex firms, InterGlobe Aviation jumped the most by nearly 10 per cent. Larsen & Toubro, Bajaj Finance, Adani Ports, Bajaj Finserv and Mahindra & Mahindra were also among the prominent gainers. Tech Mahindra emerged as the only laggard from the pack. Brent crude, the global oil benchmark, tumbled 13.24 per cent to USD 94.80 per barrel. "The key trigger is the announcement of a two-week pause in US military action, alongside Iran's agreement to facilitate safe passage through the Strait of Hormuz. This has significantly reduced immediate concerns around energy supply disruptions, which had been a major overhang for global markets," Hariprasad K, Research Analyst and Founder, Livelong Wealth, said. He further added that the easing of geopolitical stress has led to a sharp fall in global crude oil prices, which is particularly positive for India from both inflation and currency perspectives. In Asian markets, South Korea's benchmark Kospi, Japan's Nikkei 225 index, Shanghai's SSE Composite index and Hong Kong's Hang Seng index were trading significantly higher. US markets ended flat on Tuesday. "The 2-week ceasefire between the US and Iran has dramatically altered the near-term market scenario. The crash in Brent crude to USD 95 following the ceasefire will again turn the market bullish. This ceasefire, particularly the agreed reopening of Hormuz Strait, will embolden the bulls to charge again, aided by the fair market valuations," VK Vijayakumar, Chief Investment Strategist, Geojit Investments Limited, said. Meanwhile, markets are also awaiting the decision of the Monetary Policy Committee (MPC), headed by Reserve Bank Governor Sanjay Malhotra, to be announced at 10 am. Foreign Institutional Investors (FIIs) offloaded equities worth Rs 8,692.11 crore on Tuesday, according to exchange data. Domestic Institutional Investors (DIIs), however, bought stocks worth Rs 7,979.50 crore. On Tuesday, the Sensex jumped 509.73 points or 0.69 per cent to settle at 74,616.58. The Nifty climbed 155.40 points or 0.68 per cent to end at 23,123.65. This story has been sourced from a third party syndicated feed, agencies. Mid-day accepts no responsibility or liability for its dependability, trustworthiness, reliability and data of the text. Mid-day management/mid-day.com reserves the sole right to alter, delete or remove (without notice) the content in its absolute discretion for any reason whatsoever.
08 April,2026 10:21 AM IST | Mumbai | PTIStock market benchmark indices Sensex and Nifty declined in early trade on Tuesday as surging crude oil prices amid growing uncertainty about the fate of West Asia war dented investors' sentiment. Unabated foreign fund outflows also added to the gloom. The 30-share BSE Sensex tumbled 824.44 points to 73,282.41 in early trade. The 50-share NSE Nifty dropped 248.95 points to 22,719.30. From the 30-Sensex firms, InterGlobe Aviation, Eternal, Axis Bank, Mahindra & Mahindra, State Bank of India and Larsen & Toubro were the biggest laggards. Tech Mahindra, HCL Tech, Bajaj Finance and Tata Consultancy Services were among the gainers. Brent crude, the global oil benchmark, jumped 1.48 per cent to USD 111.4 per barrel. Foreign Institutional Investors (FIIs) offloaded equities worth Rs 8,167.17 crore on Monday, according to exchange data. Domestic Institutional Investors (DIIs), however, bought stocks worth Rs 8,088.70 crore. In Asian markets, South Korea's benchmark Kospi and Shanghai's Composite index traded higher, while Japan's Nikkei 225 index quoted lower. Markets were closed in Hong Kong for a holiday. "Mixed messaging from US leadership and the absence of a concrete ceasefire framework continue to keep uncertainty elevated. Iran's rejection of the US proposal and its counter-conditions suggest that negotiations remain fluid, keeping geopolitical risk firmly in play," Hariprasad K, Research Analyst and Founder, Livelong Wealth, said. US markets ended higher on Monday. On Monday, the Sensex jumped 787.30 points or 1.07 per cent to settle at 74,106.85. The Nifty edged higher by 255.15 points or 1.12 per cent to end at 22,968.25. This story has been sourced from a third party syndicated feed, agencies. Mid-day accepts no responsibility or liability for its dependability, trustworthiness, reliability and data of the text. Mid-day management/mid-day.com reserves the sole right to alter, delete or remove (without notice) the content in its absolute discretion for any reason whatsoever.
07 April,2026 10:46 AM IST | Mumbai | PTIBenchmark indices Sensex and Nifty declined in early trade on Monday as crude oil prices climbed amid fears of further escalation in the West Asia the war. Relentless foreign fund outflows also dented markets' sentiment. The 30-share BSE Sensex declined 270.13 points to 73,049.42 in early trade. The 50-share NSE Nifty dropped 93.60 points to 22,619.50. Later, the BSE benchmark traded 509.77 points lower at 72,822.60, and the Nifty quoted 141.20 points down at 22,571.90. From the 30-Sensex firms, Reliance Industries, Kotak Mahindra Bank, Sun Pharma, InterGlobe Aviation, Adani Ports and ICICI Bank were among the major laggards. Trent, Titan, Tech Mahindra and Bharat Electronics were among the gainers. Brent crude, the global oil benchmark, climbed 0.74 per cent to USD 109.8 per barrel. Foreign Institutional Investors (FIIs) offloaded equities worth Rs 9,931.13 crore on Thursday, according to exchange data. Domestic Institutional Investors (DIIs), however, bought stocks worth Rs 7,208.41 crore. "With uncertainty over the West Asia conflict looming large the market will continue to be volatile responding to potential good and bad news. The potential for further escalation of the war is high in the next few days. The market will be keenly watching the response of crude prices to war-related events," VK Vijayakumar, Chief Investment Strategist, Geojit Investments Limited, said. In Asian markets, South Korea's benchmark Kospi and Japan's Nikkei 225 index were quoting higher. US markets were closed on Friday for Good Friday. "Comments from US President Donald Trump indicating potential escalation if key supply routes are not restored have kept risk appetite in check. This continues to keep crude oil and global uncertainty as dominant drivers for markets," Hariprasad K, Research Analyst and Founder, Livelong Wealth, said. Equity markets were closed on Friday due to Good Friday. On Thursday, the 30-share BSE Sensex settled higher by 185.23 points or 0.25 per cent at 73,319.55. The Nifty closed at 22,713.10 up by 33.70 points or 0.15 per cent. This story has been sourced from a third party syndicated feed, agencies. Mid-day accepts no responsibility or liability for its dependability, trustworthiness, reliability and data of the text. Mid-day management/mid-day.com reserves the sole right to alter, delete or remove (without notice) the content in its absolute discretion for any reason whatsoever.
06 April,2026 11:01 AM IST | Mumbai | PTIIndian markets began the holiday-shortened week on a weak note as global and domestic factors combined to dampen investor sentiment. Rising tensions between the United States and Iran created uncertainty, while Brent crude oil prices surged sharply due to disruptions in the Strait of Hormuz. This led to broad-based selling across sectors, pulling benchmark indices down, reported IANS. Midweek recovery Despite the initial slump, markets staged a recovery midweek as fears of immediate geopolitical escalation eased and oil prices showed signs of stabilising. Investors took the opportunity to buy stocks at lower levels, providing some respite to indices. However, this recovery remained fragile, with persistent volatility preventing a strong rally. Persistent volatility The markets continued to experience swings due to a mix of domestic and global factors. Foreign institutional investors (FIIs) continued to pull out funds, adding pressure on the indices. A weakening rupee, concerns over inflation and inconsistent global cues also contributed to uncertainty. By the end of the week, the Nifty settled at 22,713.10, while the Sensex closed at 73,319.55, reported the news agency. Technical analysts highlighted that the 22,150 - 21,900 zone is a key support level for Nifty, while resistance is expected between 23,000 and 23,500. The Relative Strength Index (RSI) on the weekly chart stands at 27.88, indicating the market remains oversold and vulnerable to sharp movements. Upcoming triggers for the coming week: RBI policy and oil prices The Indian stock market continues to navigate a challenging landscape of global tensions, domestic economic concerns, and high crude oil prices. With the RBI policy meeting and ongoing geopolitical developments on the horizon, investors are expected to approach the coming week cautiously. Investors are now turning attention to the Reserve Bank of India’s Monetary Policy Committee (MPC) meeting, scheduled from April 6 to April 8. The decision on interest rates and policy guidance will likely shape market direction in the near term. Another major factor influencing the market is crude oil prices. Brent crude has surged to around USD 109 per barrel, a more than 50 per cent increase since late February. Higher oil prices raise inflationary pressures and increase input costs for Indian companies, adding to market volatility. But, why does oil prices matter so much? For India, which imports a large share of its crude oil, these price spikes translate into a higher import bill, inflation risk and pressure on corporate profits. Volatile oil prices also tend to weaken the rupee and increase production costs for many sectors, contributing to broader market weakness. What expected for the coming week? Geopolitical developments remain a key concern for investors. Reports of military escalation and warnings from US leadership have kept global risk sentiment tense. If geopolitical tensions ease or oil prices retreat, markets could stabilise. On the other hand, any escalation in conflict or continuing oil volatility could prolong the downtrend and sustain pressure on indices. Investors are watching the RBI’s policy stance and global developments closely to gauge the next phase of market direction. (With IANS Inputs)
05 April,2026 01:34 PM IST | Mumbai | mid-day online correspondentBenchmark equity indices ended with deep cuts on Thursday, with the Sensex tumbling over 800 points amid a sharp rise in crude oil prices due to the heightening crisis in West Asia. Besides, sluggish global market trends, weakness in the rupee and persistent foreign capital outflows also rattled investors' sentiment, analysts said.The 30-share BSE Sensex tanked 829.29 points, or 1.08 per cent, to settle at 76,034.42. During the day, it plunged 992.53 points or 1.29 per cent to 75,871.18. Similarly, the 50-share NSE Nifty fell 227.70 points, or 0.95 per cent, to close at 23,639.15. Mahindra & Mahindra was the biggest loser among the Sensex constituents, dropping 4.23 per cent, followed by Maruti, Bajaj Finance, Larsen & Toubro, UltraTech Cement and Trent. In contrast, NTPC, Power Grid, Tech Mahindra, HCL Tech and Reliance Industries were the winners. Brent crude, the global oil benchmark, jumped 4.78 per cent to USD 96.47 per barrel. "Geopolitical tensions in the Middle East continue to dampen global risk appetite, as fresh attacks on oil-shipping vessels have pushed crude prices closer to USD 100 per barrel, intensifying concerns over inflation and gas supply constraints," Vinod Nair, Head of Research, Geojit Investments Limited, said. In Asian markets, South Korea's Kospi, Japan's Nikkei 225, Shanghai's SSE Composite index and Hong Kong's Hang Seng index ended lower. European markets were quoting in negative territory. The US market ended mostly lower on Wednesday. The rupee recovered from record-low levels and settled with a loss of 16 paise at 92.17 (provisional) against the US dollar on Thursday. Foreign Institutional Investors (FIIs) offloaded equities worth Rs 6,267.31 crore on Wednesday, according to exchange data. Domestic Institutional Investors (DII) bought stocks worth Rs 4,965.53 crore. On Wednesday, the Sensex tumbled 1,342.27 points or 1.72 per cent to settle at 76,863.71. The Nifty tanked 394.75 points or 1.63 per cent to end at 23,866.85. This story has been sourced from a third party syndicated feed, agencies. Mid-day accepts no responsibility or liability for its dependability, trustworthiness, reliability and data of the text. Mid-day management/mid-day.com reserves the sole right to alter, delete or remove (without notice) the content in its absolute discretion for any reason whatsoever.
12 March,2026 05:42 PM IST | Mumbai | PTISensex plunged 2,345.89 points or 2.97 per cent to 76,573.01, while the Nifty 50 dropped 708.75 points or 2.89 per cent to 23,741.70 in early trade on Monday. All 30 Sensex stocks were trading lower, with Inter-Globe Aviation down nearly 8 per cent. Other major laggards included Tata Steel, Maruti, State Bank of India, Asian Paints, ICICI Bank, and Eternal. The market opened under heavy pressure, with the Nifty 50 starting at 23,868.05, down 582.40 points (-2.38 percent), and the Sensex at 77,056.75, down 1,862.15 points (-2.36 percent). Global crude surge adds to worries Crude oil prices jumped sharply amid tensions in West Asia. Brent crude rose 23.63 per cent to USD 114.59 per barrel, and further surged to USD 116 per barrel on Monday. "Brent crude has spiked above USD115 delivering a big oil shock to economies and markets. Big oil importers like India will be hit hard if the West Asian conflict lingers long and crude price remains high," VK Vijayakumar, Chief Investment Strategist, Geojit Investments Limited, said as per PTI reports. Sectoral impact of the sell-off and foreign funding Heavy selling was observed across most sectors on the NSE with PSU Banks falling 4 per cent, Nifty Auto 2.9 per cent, Nifty Media down 2.36 per cent, Nifty IT loosing 1.29 per cent, Nifty FMCG 1.38 percent and consumer durables declined 2 percent. Analysts also warned that sectors dependent on oil, such as aviation, paints, autos, tyres, chemicals, and other industries using oil derivatives, may face continued pressure due to rising fuel and input costs. Data from Friday showed Foreign Institutional Investors (FIIs) sold equities worth Rs 6,030.38 crore, while Domestic Institutional Investors (DIIs) bought stocks worth Rs 6,971.51 crore, providing partial support to markets. Global markets under pressure Markets across Asia and the US also suffered sharp declines, adding to domestic selling pressure: Japan’s Nikkei 225 down 6.5–7 percent, South Korea KOSPI dropped 7.43 percent, Shanghai SSE Composite down 1 to 2 percent Hong Kong Hang Seng fell 2.46 percent Taiwan Weighted Index declined 5.77 percent Singapore Straits Times lost 2.65 percent US markets ended last week lower with S&P 500 that fell 1.33 percent and Nasdaq down 1.53 percent. Analysts’ view and market outlook Sunil Gurjar, SEBI-registered analyst predicted that if that the markets could recover if it goes above 24,646, saying: "The Nifty breached key support levels with heavy FII selling, a weakening rupee, and global tensions hitting sentiment. A sustained breakout above 24,646 could bring bullish momentum, while breakdowns below 23,850 may trigger further falls," as reported by IANS Ajay Bagga, Banking and Market Expert, added:"Higher crude prices will increase domestic fuel costs, impact GDP, widen the current account deficit, and hit sectors from aviation to consumer goods. Retail petrol and diesel prices are likely to rise," as reported by IANS (With PTI and IANS Inputs)
09 March,2026 11:35 AM IST | Mumbai | mid-day online correspondentIndian stock indices extended their bearish run, with benchmark Sensex opening over 2 per cent lower at the Wednesday morning bell, amidst escalating geopolitical tensions in West Asia that have invariably weighed down financial markets worldwide. At the time of filing this report, Sensex was 2.1 per cent down at 78,590 points. Similarly, Nifty was 1.9 per cent down at 24,390 points. Indian share markets were closed on Tuesday on account of Holi, with trading suspended on both the National Stock Exchange (NSE) and the BSE. On Monday, Indian stock indices settled in the red but recovered substantially from the early losses, amid escalating tensions in West Asia. Sensex closed at 80,238.85 points, down 1,048.34 points or 1.29 per cent, while Nifty closed at 24,865.70 points, down 312.95 points or 1.24 per cent. India VIX, which indicates volatility in the markets, were whopping 25 per cent up. Volatility Index is a measure of the market's expectation of volatility over the near term. Volatility is often described as the "rate and magnitude of changes in prices", and in finance often referred to as risk. According to SBI Securities, a sharp spike in crude oil prices amid escalating tensions in West Asia dampened investors' sentiment on Monday. Asian markets are also trading negative today. Shrikant Chouhan, Head Equity Research, Kotak Securities, said, "Currently, the market is trading significantly below both short-term and medium-term averages, and on daily charts, it appears to be in a weak formation, indicating a largely negative outlook." Ajay Bagga, a veteran financial market expert said Indian markets will look at three impacts from the Iran-US conflict. "The first risk transmitter is higher oil prices due to the de facto closure of the Straits of Hormuz. The second is the impact on major trading partners of India in the Gulf with Indian exporters suffering due to the closure of these shipping lanes and supply chains.The third is the risk to the 9 million Indians who work in the Middle East. What happens to their lives, livelihoods , remittances sent back home. These three will be the major questions and we are frankly not knowing enough to estimate the answers to these for now. The best outcome is that the new Iranian leadership chooses survival over ideology and returns to negotiations, allows tankers to sail down the Straits of Hormuz and stop attacking GCC targets," Bagga said. Bagga sees some buying on dips to start as extremely oversold markets start positioning for a sentiment reversal. Financial markets turned sharply risk-off on Tuesday as mounting fears of an inflation surge rippled across stocks and bonds worldwide. "Global equities slid as disruptions to Middle East energy supplies threatened to reignite price pressures. Crude oil gained around 5 per cent, while European wholesale natural gas surged a punishing 40 per cent, said Devarsh Vakil, Head of Prime Research at HDFC Securities. Vakil said, "Prolonged tensions among the United States, Israel, and Iran are mounting pressure on India across its current account, inflation outlook, and currency stability. Elevated crude prices stand to raise the country's import bill, widen its current account deficit, weaken the rupee, stoke inflation, and trigger foreign capital outflows." This story has been sourced from a third party syndicated feed, agencies. Mid-day accepts no responsibility or liability for its dependability, trustworthiness, reliability and data of the text. Mid-day management/mid-day.com reserves the sole right to alter, delete or remove (without notice) the content in its absolute discretion for any reason whatsoever.
04 March,2026 10:05 AM IST | New Delhi [India] | ANIBenchmark indices Sensex and Nifty halted their three-day rally to close with deep cuts on Thursday, in line with bearish global markets, as participants turned cautious ahead of the RBI policy announcement amid geopolitical uncertainties. Intense selling in metal, IT and capital goods stocks also dampened market sentiment, traders said. In a bearish session, the 30-share BSE Sensex further dropped 503.76 points, or 0.60 per cent, to settle at 83,313.93. During the day, it tanked 666.07 points, or 0.79 per cent, to 83,151.62. A total of 2,447 stocks declined while 1,737 advanced and 158 remained unchanged on the BSE. The 50-share NSE Nifty declined 133.20 points, or 0.52 per cent, to end at 25,642.80. "Indian equities saw consolidation, as weakness was followed by a sharp rally in recent sessions, driven by optimism around the US-India trade deal, suggesting profit booking was at play. "Global cues added further pressure, with concerns over a broad-based tech sell-off in international markets and heightened US-Iran tensions leading to risk-off sentiment," Vinod Nair, Head of Research, Geojit Investments Limited, said. Market participants are now turning their attention to the upcoming RBI policy meeting, Nair added. The decision of the Monetary Policy Committee (MPC) will be announced by RBI Governor Sanjay Malhotra on Friday. From the Sensex constituents, Eternal, Bharti Airtel, Bharat Electronics, ITC, Infosys, Reliance Industries, ICICI Bank and Asian Paints were among the major laggards. In contrast, Trent, Tata Steel, State Bank of India and Bajaj Finance were the gainers. Among sectoral indices, capital goods dropped 1.07 per cent, metal (1.05 per cent), consumer durables (0.88 per cent), BSE Focused IT (0.78 per cent), IT (0.76 per cent) and telecommunication (0.72 per cent).BSE PSU Bank and oil & gas were the gainers. In Asian markets, South Korea's Kospi ended nearly 4 per cent lower. Japan's Nikkei 225 index and Shanghai's SSE Composite index also ended in the negative territory, while Hong Kong's Hang Seng index settled higher. European markets were trading lower. US markets ended mostly lower on Wednesday. The Nasdaq Composite index tumbled 1.51 per cent, and the S&P 500 declined by 0.51 per cent. The Dow Jones Industrial Average ended 0.53 per cent higher. "Indian equity markets traded in a tight range, signalling a wait-and-watch phase as investors remained cautious in the absence of fresh domestic triggers. While overall sentiment remained stable, the benchmarks struggled to sustain momentum at higher levels, reflecting a lack of follow-through buying despite earlier positives," Ponmudi R, CEO of Enrich Money, an online trading and wealth tech firm, said. Market participants remain on the sidelines, awaiting clearer signals from global macro developments, trends in foreign institutional flows, and further clarity on the progress of US-Iran negotiations to determine the market's next decisive move, he added. Foreign institutional investors bought equities worth Rs 29.79 crore on Wednesday, according to exchange data. Domestic Institutional Investors (DIIs) also bought stocks worth Rs 249.54 crore in the previous trade. Brent crude, the global oil benchmark, dropped 1.32 per cent to USD 68.54 per barrel. On Wednesday, the Sensex ended 78.56 points or 0.09 per cent higher at 83,817.69. The Nifty went up by 48.45 points or 0.19 per cent to settle at 25,776. This story has been sourced from a third party syndicated feed, agencies. Mid-day accepts no responsibility or liability for its dependability, trustworthiness, reliability and data of the text. Mid-day management/mid-day.com reserves the sole right to alter, delete or remove (without notice) the content in its absolute discretion for any reason whatsoever.
14 February,2026 08:21 PM IST | Mumbai | PTIADVERTISEMENT
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-1775374869316_d.png "Indian markets slip for sixth week amid global tensions. Representational Image")
-1770293511048_d.png "Indian equity markets turn cautious ahead of RBI Monetary Policy Committee announcement. Representational Image")