On Wednesday, Sensex closed at 81,596.63 points, up 410.20 points or 0.51 per cent, while Nifty closed at 24,813.45 points, up 129.55 points or 0.52 per cent
Indian stock indices slumped sharply after early morning gains on Friday, with analysts attributing it to risk aversion and cautious approach from the investors in the awake of Pahalgam terror attack.
Indian stock indices remained in the green for the seventh straight session, and in the process, Sensex regained the 80,000 levels. Sensex is still some 6,000 points from its peak.
Indian stocks witnessed a bloodbath as the new week kicked off, triggered by the Trump reciprocal tariffs. These tariffs have set off a sell-off in equities globally, and India was no exception.
Data made available by National Securities Depository Limited showed that FPIs had sold stocks worth Rs 3,973 crore in March. In January and February, they had sold equities worth Rs 78,027 crore and Rs 34,574 crore, respectively.
Indian stock indices surged for the second day. At the day's closing, the Sensex was up 1,131.31 points or 1.53 per cent at 75,301.26 points, and the Nifty was up 325.55 points or 1.45 per cent at 22,834.30 points.
The sell-off in Indian stocks is primarily technical in nature and reflects multiple compressions rather than any drastic macro issue, according to a recent report of 'Greed & Fear' by Jefferies.
Indian stock indices continued to remain volatile over concerns about Trump's tariff announcements and weak global cues. The benchmark indices opened in the red to later trade in the green. At closing, it closed marginally lower.