Stock markets globally, including India, rebounded on Wednesday at the opening session as equities recovered from the oversold category and easing concerns related to artificial intelligence (AI), although uncertainty continues due to global developments.
At the time of closing, Sensex settled 1068.74 points or 1.28 per cent lower at 82,225.92, while the broader Nifty was at 25,424.65, down 288.35 points or 1.12 per cent. The Nifty 50 index opened at 25,641.80, down by 71.20 points or 0.28 per cent, while the BSE Sensex opened at 83,052.54
Indian stock markets opened with selling pressure on Tuesday, tracking sharp declines in US markets amid concerns over tariffs, geopolitical tensions, and AI-led disruptions affecting global technology stocks.
The domestic stock markets jumped on Monday at the opening bell after a US decision which struck down Trump tariffs gave relief to investors, boosting positive sentiment.
Indian equity markets opened under pressure on Friday, with benchmark indices Nifty 50 and BSE Sensex declining amid rising geopolitical tensions between the US and Iran, higher crude oil prices, and cautious investor sentiment.
At the time of closing, the Sensex was down 1,236.11 points or 1.48 per cent at 82,498.14 while the Nifty was down 365 points or 1.41 per cent at 25,454.35. Around 1248 shares advanced, 2790 shares declined, and 149 shares unchanged.
The share markets in the country opened on a positive note on Thursday, supported by foreign inflows and continued buying interest from domestic investors.
The stock markets opened with a positive momentum on Wednesday, supported by better-than-expected Q3 earnings and early signs of a turnaround in foreign investor activity, which experts said could help keep the market resilient.
The share markets in the country opened on a cautious note on Tuesday amid fresh tensions escalating between the United States and Iran, as the two nations began indirect nuclear talks in Geneva.
The domestic stock markets started the fresh week on a weak note on Monday, with both benchmark indices opening in the red amid continued concerns about artificial intelligence (AI) disruptions in the IT sector.
The Nifty IT index is down 10 per cent over the past month, while the broader Nifty index is flat, amid fears that AI advances could disrupt Indian IT services, among other factors.