Stock markets rebound tracking rally in global peers; Sensex rallies 899 points
The Hindu
Stock markets rebound as Sensex rallies 899 points, driven by global equity gains and ending a three-day decline.
Benchmark stock indices Sensex and Nifty bounced back on Thursday (March 5, 2026), closing higher by more than 1% in line with a rebound in global equities after recent sharp losses due to the conflict in West Asia.
Snapping its four-day decline, the 30-share BSE Sensex rebounded 899.71 points or 1.14% to settle at 80,015.90. During the day, it surged 1,187.64 points or 1.50% to 80,303.83.
The 50-share NSE Nifty climbed 285.40 points or 1.17% to end at 24,765.90, ending its three-day falling streak.
From the Sensex pack, Adani Ports, Larsen & Toubro, NTPC, Reliance Industries, Bharat Electronics and InterGlobe Aviation were among the major gainers.
Tech Mahindra, HCL Tech, Hindustan Unilever and ICICI Bank were among the laggards.
Brent crude, the global oil benchmark, jumped 1.84% to $82.90 per barrel.
OpenAI launched its new GPT-5.3 Instant model, promising more accuracy and “less cringe,” even as the company faces backlash over its agreement with the U.S. Pentagon.
The Directorate General of Civil Aviation (DGCA) has amended the air ticket refund rules making it passenger friendly. Passengers can now cancel or amend ticket without any additional fee within 48 hours of booking.
MRPL declares force majeure on March and April gasoline exports due to U.S.-Iran conflict affecting crude oil flows.
MRF signs MoU with Tamil Nadu for a greenfield tyre manufacturing plant in Sivaganga, enhancing production and export opportunities.
The head of Alibaba Group’s Qwen artificial intelligence model division, Lin Junyang, said on Wednesday he would be stepping down from his role
India's services sector growth slowed in February amid rising costs and competition, despite a boost from international sales.
Sensex and Nifty plunge over 2% as West Asia crisis escalates, impacting investor sentiment and driving oil prices higher.
RBI fines BDCC Bank ₹2 lakh for violating loan disbursal norms, highlighting compliance issues over several years.
OpenAI is developing a new code-hosting platform to rival Microsoft’s GitHub, The Information reported on Tuesday, citing a person with knowledge of the project.
Indian Overseas Bank challenges ₹766 crore tax demand notice from the Income Tax Department related to AY 2015-16.
Escorts Kubota on Tuesday rolled out a tractor developed for the paddy-growing regions as the agriculture machinery and construction equipment maker sharpens focus on south India on its way to become a pan-India player.
The rise in oil prices is expected to increase current account deficit (CAD) of major crude-importing Asian economies, which include India, according to an initial expert commentary.
India has 25 days of crude oil reserves and 25 days each of petrol, diesel stock: Government sources
India has ample crude oil and fuel reserves for 25 days each, ensuring 50 days of overall sufficiency amidst global tensions.