Stock markets rebound tracking drop in crude oil prices, rally in global peers
The Hindu
Stock markets rebound nearly 1% as crude oil prices drop, led by gains in major firms amid easing geopolitical tensions.
Stock market benchmark indices Sensex and Nifty ended nearly 1% higher on Tuesday (March 10, 2026) after two days of massive decline, following a drop in crude oil prices and recovery in global peers amid hopes that the conflict in West Asia could end soon.
The 30-share BSE Sensex jumped 639.82 points or 0.82% to settle at 78,205.98. During the day, it surged 960.09 points or 1.23% to 78,526.25.
The 50-share NSE Nifty climbed 233.55 points or 0.97% to end at 24,261.60.
Brent crude, the global oil benchmark, tumbled 9.03% to $90.26 per barrel.
From the 30-Sensex firms, Mahindra & Mahindra, InterGlobe Aviation, Maruti, ICICI Bank, Asian Paints and UltraTech Cement were among the major gainers.
Eternal, Infosys, Reliance Industries and Bharti Airtel were among the laggards.
Stock markets rebound sharply as Sensex and Nifty recover from declines, driven by falling crude prices and improved global sentiment.
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