Stock Market Highlights: Sensex soars 900 pts, Nifty reclaims 24,800 led by metals, auto; investors add ₹6 lakh crore

Nifty 50, Sensex Today LIVE: Nilesh Jain, VP- Head of Technical and Derivative research at Centrum Finverse said:

"The market witnessed a relief rally, with Nifty snapping its three-day losing streak and closing above the 24,700 mark. The index has retraced 23.6% of the entire recent decline, which is placed near the 24,800 level. However, the market is not completely out of the woods yet, and the current move should be considered only a pullback as long as Nifty trades below the 25,200 level.

On the downside, immediate support is placed at 24,600, and a break below this level could drag the index further towards 24,400. The momentum indicator RSI has rebounded from the oversold territory and is currently placed near 36, indicating some recovery in momentum.

Meanwhile, India VIX cooled off sharply, declining nearly 16% to slip below the 18 mark. Any further easing in volatility is likely to remain supportive of bullish sentiment."

Nifty 50, Sensex Today LIVE: Vinod Nair, Head of Research, Geojit Investments Limited said:

"Amid supportive global cues, domestic equities ended higher, with mid- and small-cap stocks outperforming large caps. Investor sentiment improved after comments from the US deputy secretary suggested that an India–US trade deal may be nearing completion. Value buying also emerged in sectors such as metals, consumer durables, realty, and auto following recent corrections, while IT stocks resumed their decline partly due to the strengthening of the Indian rupee. Market momentum strengthened toward the close after reports that Iran had conditionally offered to abandon its nuclear program, raising hopes of de-escalation in the ongoing US/Israel–Iran tensions."

The market capitalisation of all listed companies on the BSE jumped by ₹6 lakh crore to ₹453 lakh crore during the trade from ₹447 lakh crore in the previous session.

Nifty 50, Sensex Today LIVE: The Sensex ended 899.71 points or 1.14% higher at 80,015.90 while the Nifty settled at 24,765.90, up 285.40 points or 1.17%.

Nifty 50, Sensex Today LIVE: Indian stock market benchmarks, the Sensex and Nifty 50, surged around 1.5% in Thursday’s session, snapping 3 sessions of losses as reports suggested that US-Iran war may be de-escataing.

According to reports, Iran has made a conditional offer to the US that it is ready to abandon its nuclear program. Moroever, positive cues from the global markets, a weaker dollar and value buying added to the gains.

Sensex jumped as much as 1,187.64 points or 1.5% to its day's high of 80,303.83 while Nifty 50 rallied 373.70 points to its day's high of 24,854.20.

Nifty 50, Sensex Today LIVE: Vodafone Idea share price rose more than 3.5% following media reports that the company’s licence fee liability could be slashed between 60-65% after a reassessment exercise conducted by the Department of Telecommunications (DoT).

According to a CNBC Awaaz report, the telecom department has completed the reassessment of licence fees through the respective Controller of Communication Accounts (CCA) offices. The DoT had earlier instructed all concerned authorities to conclude the exercise by February 22.

Following the completion of the licence fee review, the reassessment of Spectrum Usage Charges (SUC) is still pending. Sources indicated that this process is expected to be completed by March 31. A committee constituted by the Department of Telecommunications and led by a retired IAS officer will take the final call on the reassessed dues.

Share Market LIVE Updates: European shares edged lower on Thursday as an expanding Middle East conflict weighed on market sentiment, while a string of patchy corporate earnings added to the gloom.

The pan-European STOXX 600 was down 0.3% at 610.72 points, as of 0810 GMT. The benchmark index on Wednesday had its best day in more than three months, recovering some of the losses accumulated earlier in the week.

Miners led sector losses with a 1.5% decline.

The U.S.-Israel war with Iran entered its sixth day with no quick resolve in sight, as Tehran launched a fresh barrage of missile strikes at Israel earlier in the day and the U.S. Senate blocked a motion aimed at halting the U.S air campaign.

Investors will also be watching for a speech by European Central Bank President Christine Lagarde, due later in the day, for clues on the monetary policy outlook. (Reuters)

Stock Market LIVE Updates: Asian equities jumped Thursday after a three-day rout sparked by the Middle East war, but concerns about an extended conflict helped oil extend gains, and analysts warned of more volatility ahead.

Seoul was again the standout, with the Kospi soaring 12 percent at one point as traders snapped up bargains following the previous two days' near 20 percent collapse that put the index within reach of a bear market.

South Korea's president ordered on Thursday the activation of a $68 billion stabilisation fund as the Mideast crisis roiled markets.

The advances followed a positive day on Wall Street and in Europe as forecast-topping figures on US private-sector hiring and services industry activity provided some much-needed positive news. There were also gains elsewhere in the region, with Tokyo piling on 1.9 percent, while Taipei jumped more than two percent.

Hong Kong, Shanghai, Sydney, Singapore, Wellington, Manila, Mumbai, Jakarta and Bangkok were also well up though most pared their early rallies.

London, Paris and Frankfurt dipped at the open. (AFP)

Sensex Today LIVE: Maharatna PSU stock GAIL India rebounded on Thursday, March 5, snapping its four-day losing streak even as the company informed bourses about supply disruptions from one of its long-term suppliers, Petronet LNG.

In an exchange filing earlier today, GAIL India said that Petronet LNG has issued a Force Majeure notice on March 3, 2026, under its Gas Sale and Purchase Agreement due to the escalating tensions in the Middle East, which has not only affected the Strait of Hormuz but also shut down Qatar's Ras Laffan facility.

Furthermore, QatarEnergy, PLL’s upstream LNG supplier, has also issued a communication indicating a potential Force Majeure event owing to the recent hostilities in the region.

Force majeure refers to an unforeseen event beyond a party’s control that prevents them from fulfilling contractual obligations.

Nifty 50, Sensex Today LIVE: The Middle East conflict, involving the United States and Israel against Iran, has sparked a severe risk-off mood globally. This initially resulted in the sharp rise in demand for safe-haven assets like gold and silver, but the uptrend has remained.

Gold prices in the domestic spot market have risen by ₹3400 to ₹1,62,029 on a month-to-date basis as of close on March 4. However, silver prices have slumped a whopping ₹7000 to ₹260,900 since the beginning of the US-Iran war over the weekend, indicating investor preference for gold over silver during times of conflict.

The analysts also prefer gold over silver. Manav Modi, Commodities Analyst, Motilal Oswal Financial Services (MOSL), said precious metals act as great portfolio diversifiers, but gold will have more buying interest than silver, as, unlike the white metal, which also has industrial usage, gold is a traditional safe haven.

Share Market LIVE Updates: Oil prices jumped more than 3% on Thursday, extending their rally as the escalating US–Israeli conflict with Iran disrupted crude flows to key importers.

Brent crude climbed $2.65, or 3.26%, to $83.99 per barrel, marking its fifth consecutive session of gains. Meanwhile, US West Texas Intermediate (WTI) crude rose $2.76, or 3.70%, to $77.42.

Crude markets have remained on edge amid persistent supply risks following the Middle East attacks, with particular concern focused on the flow of oil through the Strait of Hormuz.

Sensex Today LIVE: Indian government bonds rose early on Thursday as likely central bank intervention in the debt and FX markets supported sentiment, even as escalating Middle East conflict, higher oil prices and macro worries curbed risk appetite.

Clearing house data showed an investor category comprising insurers, pension funds, corporates and the Reserve Bank of India net bought a record 202 billion rupees ($2.19 billion) of bonds on Wednesday.

Traders said the RBI likely stepped in to buy debt to support demand, prompting a late-session recovery on Wednesday, when the 10-year yield ended nearly flat after rising 5 basis points.

The benchmark 6.48% 2035 bond yield was at 6.6632% as of 11:00 a.m. IST. It settled at 6.6732% on Wednesday. Bond yields move inversely to prices.

Dealers said a firmer rupee also helped ease concerns over imported inflation. The currency was at 91.61 per dollar against 92.15 in the previous session. (Reuters)

Stock Market LIVE Updates: The Indian rupee rallied sharply on Thursday, lifted by aggressive RBI action and a steadier global backdrop, while traders cautioned the rebound could fade as geopolitical tensions continue to cast a pall on risk assets.

The rupee was at 91.62 per dollar, up 0.6% from its close on Wednesday, when the currency dropped to its all-time low of 92.3025.

Aggressive dollar sales from state-run banks, most likely on the RBI's behalf, shored up the rupee, traders said. (Reuters)

Share Market LIVE Updates: Metal stocks rallied up to 7% on Thursday, March 5 following broader gains on Dalal Street. The benchmark indices Nifty and Sensex jumped over 0.5% each in today' deals amid value buying and a weaker US dollar. Moreover, rise in Asian peers also added to the gains.

Nifty Metal rose as much as 3.2% in intra-day deals after a 4% fall in the previous session as rising tensions between US and Iran rattled markets as well as a surge in crude oil prices.

Today's rise of the metal index was led by National Aluminium Company (NALCO), Hindalco Industries, Vedanta, and NMDC, led by a rise in Aluminium prices.

Among metal stocks, NALCO was the top gainers, surging over 7% followed by Hindalco, which advanced over 6.5% and Vedanta, which jumped over 4.5%. Meanwhile, NMDC, Tata Steel, Hind Copper, SAIL, Welspun Corp also gained between 2.5-3.5% each. JSW Steel, Hindustan Zinc, Jindal Steel, APL Apollo Tubes, and Jindal Stainless also advanced over 1% each. However, 2 stocks were trading in the red - Ratnamani Metals and Adani Enterprises, down over 1% each.

Share Market LIVE Updates: Gold rose by almost 1% on the MCX on Thursday, March 5, morning, amid increased safe-haven demand amid the ongoing US-Iran war. However, the dollar's rise and the weakening of near-term rate-cut expectations from the US Federal Reserve capped gains for the yellow metal.

MCX gold April futures rose by more than ₹1,600, or 1%, to ₹1,63,142 per 10 grams, while MCX silver May futures jumped nearly 2% to ₹2,70,501 per kg.

In the previous session, the MCX gold April futures contract ended at ₹1,61,525 per 10 grams, rising 0.30% and the MCX silver May futures contract closed almost flat at ₹2,65,560 per kilogram.

Nifty 50, Sensex Today LIVE: Bharat Forge share price gained as much as 3.50% in Thursday's trading session after preliminary data from FTR Intelligence showed that North America’s Class 8 truck net orders jumped to 47,200 units in February, marking a 47% increase from the previous month and a 159% surge compared with the same period last year.

The stock opened at ₹1904 apiece in the early morning session today on NSE, as compared to the previous close of ₹1,841.80 on Wednesday.

Sensex Today LIVE: Omnitech Engineering share price made a lacklustre debut in the Indian stock market on Thursday, March 5, by listing at 11% discount to the IPO price of ₹227 per share.

Omnitech Engineering share price opened at ₹202 on NSE and ₹205 on BSE. This means that the IPO allottees made a loss of 11% over the Omnitech Engineering IPO listing.

Share Market LIVE Updates: Shares of Reliance Industries, Chennai Petroleum Corporation, MRPL, other refiners rallied up to 5% on Thursday on reports that China plans to suspend exports of diesel and gasoline.

Reliance Industries share price jumped nearly 3%, while Chennai Petroleum Corporation shares rallied 5.4%, and Mangalore Refinery and Petrochemicals stock price surged as much as 5.72%.

Among PSU stocks, Indian Oil Corporation shares rallied 2.87%, Hindustan Petroleum Corporation Ltd (HPCL) share price gained 2.37%, while Bharat Petroleum Corporation Ltd (BPCL) share price rose 1.37%.

According to a Bloomberg report, China’s government has told the country’s largest oil refiners to suspend exports of diesel and gasoline as an escalating war in the Middle East disrupts the arrival of crude from one of the world’s largest producing regions.

Stock Market LIVE Updates: Foreigners sold Asian equities for a fourth straight month in February, as they booked profits and sharply cut exposure to South Korea amid concerns over stretched technology sector valuations and rising geopolitical risks.

South Korea saw record foreign outflows of $13.67 billion last month, erasing about $5.36 billion from regional equities, per LSEG data covering exchanges in South Korea, Taiwan, Thailand, India, Indonesia, Vietnam and the Philippines.

The U.S. Nasdaq Composite fell 3.4% last month, as investors turned cautious over lofty valuations and risks tied to major technology firms' artificial intelligence spending plans. Vietnam also saw strong foreign outflows last month, losing $301 million, the most in a month since October 2025.

In contrast, Taiwanese, Indian, Thai, Indonesian and Philippine stocks attracted foreign inflows of $4.04 billion, $2.5 billion, $1.75 billion, $192 million and $144 million, respectively, in February. (Reuters)

Stock Market Today LIVE: South Korean equities bounced back after their biggest one-day slump on record, as bargain hunters returned to a market battered by panic selling.

The benchmark Kospi surged as much as 12%, the biggest intraday gain since October 2008, after sinking by about the same amount on Wednesday. Samsung Electronics Co. and SK Hynix Inc., the chip heavyweights that paced the country’s world-beating gains since the start of last year, both jumped more than 13%.

Thursday’s action is a swift turnaround after Korean shares tumbled to the brink of a bear market in just a few sessions. Following their rally fueled by the artificial intelligence trade and corporate governance reforms, the country bore the brunt of this week’s global selloff as Middle East tensions spurred a flight from risk assets. (Bloomberg)

VK Vijayakumar, Chief Investment Strategist, Geojit Investments Limited said:

"From the market perspective, the problem with an ongoing war is that sudden developments like attacks on oil facilities, can impact the market. If crude spikes, the market will be impacted. On the other hand, couple of days of smooth oil trade can trigger a risk- on facilitating a market rebound.

It is important to note that India outperformed yesterday with only a 1.5% cut in the Nifty compared to the 12.1% crash in South Korean Kospi. Markets which did well this year like the South Korean market are facing huge volatility triggered by profit booking.

Going forward, high volatility in response to news/events will keep the market volatile. This will give opportunities to investors to slowly accumulate high quality stocks and wait with lots of patience. Perhaps emotional intelligence is more important now than financial acumen."

Stock Market Today LIVE: Indian stock market benchmarks, the Sensex and Nifty 50, opened Thursday’s session on a stronger note, snapping 3 sessions of losses following positive cues from the global markets. Asian markets also rallied today after gains in Wall Street in overnight deals. Moreover, a weaker dollar and valur buying added to the gains.

At 9:17 am, Sensex rose 520.70 points or 0.66% to 79,636.89 while Nifty 50 added 139.95 points or 0.57% to 24,620.45.

Stock Market Today LIVE: Nifty 50 index formed a reasonable green candle on the daily chart with gap down opening and with upper and lower shadow.

“Technically, this market action indicates sharp selling with minor volatility. We observe meaningful upside recoveries after a sharp gap down openings in the last couple of sessions. This action could be an attempt by bulls to witness a relief rally,” said Nagaraj Shetti, Senior Technical Research Analyst at HDFC Securities.

According to him, the underlying trend of Nifty 50 remains weak amidst global geo-political tension. “Nifty 50 index is currently sliding down to an important support zone of around 24,300 - 24,100 (previous important swing lows and opening up gap of 12 May). Hence, there is a higher possibility of reasonable upside bounce from the lows in the near term. Immediate resistance is placed at 24,600,” said Shetti.

Stock Market Today LIVE: Sensex tested key support near 78,500 and showed a strong intraday rebound, indicating buying interest at lower levels.

“We are of the view that the short-term outlook is weak but oversold. For traders, 78,500 would act as a key support zone. If Sensex sustains above this level, the immediate resistance would be at 79,500. Above 79,500, the index could move up to 80,000 - 80,500. Conversely, a decline below 78,500 could change the sentiment,” said Shrikant Chouhan, Head Equity Research, Kotak Securities.

Below this, he believes Sensex could slip to 78,000 - 77,800. The current market texture is extremely volatile and is expected to remain volatile in the near future.

Stock Market Today LIVE: Crude oil prices rose amid persistent worries about supplies because of the Middle East conflict. Brent crude oil price jumped 2.38% to $83.34 a barrel, while the US West Texas Intermediate (WTI) crude futures rallied 2.60% to $76.60 a barrel.

Stock Market Today LIVE: US stock market ended higher on Wednesday, led by technology stocks.

The Dow Jones Industrial Average gained 238.14 points, or 0.49%, to 48,739.41, while the S&P 500 rallied 52.87 points, or 0.78%, to 6,869.50. The Nasdaq Composite closed 290.79 points, or 1.29%, higher at 22,807.48. Nvidia stock price gained 1.66%, AMD shares jumped 5.82%, Microsoft shares rose 0.31%, Apple stock price fell 0.47%, Amazon shares rallied 3.88%, and Tesla stock price surged 3.44%. Exxon Mobil shares declined 1.3%, ConocoPhillips share price slipped 2.42%, while Moderna shares advanced 16%.

Stock Market Today LIVE: Asian equities advanced on Thursday as a decline in U.S. Treasury prices signalled a tentative return of risk appetite after recent volatility triggered by the escalating conflict in the Middle East.

South Korea’s KOSPI rebounded sharply, recovering losses from the previous session after Wall Street rallied on expectations that the United States and Iran could eventually seek a diplomatic path to ease hostilities. Meanwhile, oil and gold prices continued to trade higher amid persistent geopolitical uncertainty.

MSCI’s broadest index of Asia-Pacific shares outside Japan surged 2.9%. South Korea’s KOSPI led the regional rally with a sharp 10.4% jump, while Japan’s Nikkei climbed 2.9%.

Chinese equities also moved higher in early trade, with the blue-chip CSI300 Index rising nearly 1%, while the Shanghai Composite Index gained 0.4%.

Stock Market Today LIVE: Indian stock market benchmarks, the Sensex and Nifty 50, are expected to start Thursday’s session on a stronger note, taking cues from positive trends in global markets.

Signals from Gift Nifty also point to a firm opening for domestic equities. Gift Nifty was trading near the 24,5 mark, indicating a premium of about 40 points compared with the previous close of Nifty futures.

In the previous session, however, Indian markets witnessed a sharp sell-off as concerns surrounding the ongoing US-Iran conflict weighed heavily on investor sentiment. The benchmark Nifty 50 slipped below the key 24,500 level as geopolitical tensions triggered broad-based selling.

The Sensex dropped 1,122.66 points, or 1.40%, to finish at 79,116.19, while the Nifty 50 declined 385.20 points, or 1.55%, to settle at 24,480.50.