Indian stock markets witnessed a strong rally on Tuesday opening session after US President Donald Trump announced a ceasefire between Israel and Iran, bringing some relief to global investors amid recent geopolitical tensions.
Sensex closed at 81,896.79 points, down 511.38 points, or 0.62 per cent, while Nifty closed at 24,971.90 points or 140.50 points or 0.56 per cent. At one point, Sensex was about 1,000 points down but recovered later.
Indian stock markets opened on a weak note on Monday, reacting sharply to rising geopolitical tensions after the US-Iran conflict escalated over the weekend. Both benchmark indices faced strong selling pressure in the early trading session.
The BSE Sensex surged 1,046.30 points to settle at 82,408.17, while the NSE Nifty jumped 319.15 points, ending the day at 25,112.40. Among the Nifty 50 constituents, 44 stocks ended in the green, with only 6 closing in the red, indicating broad-based market strength.
The BSE Sensex opened 237.77 points higher at 81,599.63, while the NSE Nifty gained 77.55 points, beginning the session at 24,870.80. This upward momentum came even as concerns over the ongoing Israel-Iran conflict weighed on global market sentiment.
India's equity benchmarks remained muted on Thursday and ended with a marginal loss, possibly due to the ongoing geopolitical conflict in the Middle East and cautious signals from the US Federal Reserve, dampening investors' sentiment.
Indian equity markets opened on a weak note on Thursday, as investors are cautious on prospects of a US strike and the uncertain nature of Iran's response.
The Indian stock markets ended on a flat note on Wednesday, reflecting the uncertainties arising from the tensions in the Middle East and the US Federal Reserve's policy meeting later tonight.
Indian stock markets opened under pressure on Wednesday as geopolitical tensions between Israel and Iran entered the sixth day, with the possibility of direct U.S. involvement adding to investor worries.
The Indian equity indices ended on a negative note on Tuesday, experiencing moderate losses amid risk of escalation of conflicts in the Middle East ahead of the FOMC meeting.
Indian stock markets opened on a positive note on Tuesday, continuing their upward movement from the previous session. However, rising geopolitical tensions in the Middle East are keeping investors globally on edge.