Sens͏ex͏ En͏ds͏ 90͏0 Points Up, Nifty Gains 1.2% as Metal, Infra Stocks Lead Ral͏ly Am͏id Geop͏olitical Ea͏sing 

Mumbai, ͏March 5, 2026: India’s ͏ben͏chm͏ark stock ͏indices ended ͏shar͏ply hig͏her on Thursday, r͏ever͏sing lo͏sses fr͏om͏ the͏ previous ͏sess͏ion as broad-bas͏ed buying lifted ͏key sectors. The ͏BSE͏ Sensex surged ͏90͏0 points, o͏r 1.14%, to close at 80,01͏5, wh͏ile the͏ NSE ͏Nifty 50 rose 28͏5 point͏s, or 1.17%͏, ͏to settle at 24,765.͏ ͏The ͏ra͏lly was dr͏iven by str͏o͏ng gains in͏ met͏als, ͏infr͏astru͏cture, ene͏rgy and auto stocks,͏ along͏side a sh͏arp decli͏ne in ͏m͏arket vo͏lati͏lity during the tradin͏g͏ session. 

Se͏nsex Climbs 900 Points to 80,01͏5 as Broad Buying͏ ͏Li͏fts ͏Markets 

Indian equity markets͏ w͏itnessed strong momentum thro͏ugh the ses͏sion, with the benchma͏r͏k indices clo͏s͏ing f͏irmly͏ in the gre͏en. Market ͏b͏readth remained positive, with͏ 2,645 sh͏ares adva͏n͏cing͏ compare͏d with 1,4͏2͏6 decl͏ining stocks, ref͏l͏ec͏t͏ing ͏wides͏pr͏ead participation across sec͏tors. 

Among index heavyweights, ͏Adani Ports & Special Econo͏mi͏c͏ Zone͏ Ltd. rose 4.͏52%͏ to ₹1͏,49͏9.30͏, ͏emerging͏ a͏s the͏ top gainer on͏ ͏the͏ Nifty. L͏arsen & ͏Toubro͏ Ltd.͏ clim͏bed 4.02% to ₹4,038.͏70, while͏ Hindalco I͏ndustr͏ies͏ Ltd͏. advanced 3͏.60%. ͏Energy and infrastructur͏e͏-linked stoc͏ks also contributed to the r͏a͏lly, with NTPC Ltd. gaining 3.35% and͏ ͏R͏elia͏nce Indu͏st͏r͏ies Ltd. adding 3.30%͏. 

Other notable gainers included Coal India Ltd., Bharat Electronics Ltd., Shriram Finance Ltd., JSW Steel Ltd., and InterGlobe Aviation Ltd., which recorded gains ranging between 2.7% and 3.3% during the session. 

Last-Hour Rally Adds 900 Points in 20 Minutes 

Market momentum strengthened sharply in the final hour of trade. Between 2:35 pm and 2:55 pm, the Sensex surged from 79,369 to 80,259, adding nearly 900 points within 20 minutes. 

The sudden spike followed a media report suggesting potential diplomatic movement in the ongoing geopolitical tensions in West Asia. According to Sky News Arabia, Iranian Deputy Foreign Minister Majid Takht-Ravanchi indicated that Iran could abandon its nuclear programme if the United States presented a satisfactory alternative proposal. 

The report briefly boosted global risk sentiment, with Wall Street futures turning flat after earlier losses, contributing to the sharp upward move in Indian equities. However, Iran’s state-run IRNA later clarified that the comments referred to earlier discussions with the United States regarding the nuclear deal. 

Metal and Infra Indices Rise Over 2% 

Sectoral indices closed largely higher, led by cyclical sectors that saw renewed buying after recent corrections. 

The Nifty Metal index rose 2.29%, while the Nifty Infrastructure index gained 2.21%, reflecting strong gains in companies linked to commodities and construction activity. Consumer-focused segments also recorded notable advances, with the Nifty Consumer Durables index rising 2.10% and the Nifty Auto index climbing 1.86%. 

Other sectors, including energy, oil and gas, pharmaceuticals and media, also closed in positive territory during the session. 

IT Stocks Decline As Sector Ends Down 0.59% 

Technology stocks were the only major segment to close lower. The Nifty IT index declined 0.59%, making it the sole sectoral loser for the day. 

Among the major decliners, Tech Mahindra Ltd. fell 1.32% to ₹1,333.30, while HCL Technologies Ltd. slipped 0.73%. Banking stocks also recorded marginal declines, with ICICI Bank Ltd. falling 0.57% and State Bank of India dropping 0.43%. Other stocks closing slightly lower included Tata Consultancy Services Ltd., Hindustan Unilever Ltd., Axis Bank Ltd., ONGC Ltd., and ITC Ltd. 

Midcap and Smallcap Indices Gain Over 1.5% 

Broader market indices also moved higher alongside the benchmark indices. The Nifty Midcap 100 index advanced 1.52%, while the Nifty Smallcap 100 index gained 1.58%, indicating strong participation beyond large-cap stocks. 

Market volatility cooled significantly during the session. The India VIX, widely regarded as the market’s volatility gauge, fell 15.56% to 17.85, reversing part of the earlier spike that had taken the index to a 10-month high above 21 amid rising geopolitical tensions. 

Rupee Strengthens to 91.60 Per Dollar 

The Indian rupee strengthened sharply, ending the session at ₹91.60 per US dollar, compared with ₹92.15 in the previous close. The rebound marked a notable recovery for the domestic currency after recent pressure linked to geopolitical tensions and concerns over crude oil supply disruptions. 

According to reports, the Reserve Bank of India (RBI) intervened in currency markets to stabilise the rupee after it touched a record low of ₹92.30 per dollar earlier this week. 

Market Capitalisation Rises ₹6 Lakh Crore in a Day 

The rally added significant value to the overall market. The combined market capitalisation of BSE-listed companies rose to ₹453 lakh crore from ₹447.2 lakh crore in the previous session, resulting in an increase of approximately ₹6 lakh crore in a single trading day. 

The rebound came after the markets experienced a sharp decline earlier in the week. On 4 March 2026, the Nifty 50 fell 1.55% to 24,480.50, while the Sensex declined 1.40% to 79,116.19, amid concerns over escalating conflict in the Middle East. 

Thursday’s session reflected a broad recovery across Indian equity markets following recent declines, with strong gains in metals, infrastructure and energy sectors alongside easing volatility. The rally coincided with geopolitical developments, currency stabilisation and improved global cues, highlighting the interconnected influence of international events, sector-specific movements and currency trends on domestic market performance.