New Delhi: Sensex Today opened on a strong note as the benchmark indices recovered after witnessing a sharp decline in the previous session. Buying in blue-chip stocks and fresh foreign institutional investor (FII) inflows lifted market sentiment despite lingering geopolitical concerns.
The 30-share BSE Sensex surged 495.86 points to 76,998.54 in early trade, while the 50-share NSE Nifty gained 148.70 points to trade at 24,025. The positive movement in Sensex Today reflects renewed investor confidence after Wednesday’s steep market correction.
Blue-Chip Stocks Lead the Rally
Among the top gainers on the Sensex were Eternal, Sun Pharma, Bharti Airtel, Titan, ICICI Bank, Asian Paints, Reliance Industries, and HDFC Bank. Strong buying in these heavyweight stocks helped the market recover early losses.
On the other hand, Infosys, Tata Consultancy Services (TCS), HCL Tech, and Tech Mahindra were among the major laggards, limiting the overall gains.
FII Buying Supports Sensex Today
A key reason behind the positive trend in Sensex Today was the return of foreign investors. According to exchange data, Foreign Institutional Investors (FIIs) bought equities worth Rs 1,962.80 crore on Wednesday, boosting market sentiment.
The renewed FII buying has raised hopes that the recent market correction may be short-lived if global conditions remain stable.
Markets Recover After Wednesday’s Sell-Off
The rebound comes after a difficult trading session on Wednesday when the BSE Sensex plunged 1,677.12 points (2.15%) to close at 76,503.60, while the NSE Nifty dropped 516.65 points (2.12%) to settle at 23,882.05.
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The sharp decline was driven by concerns over geopolitical tensions and cautious global market sentiment.
Experts Remain Cautiously Optimistic
According to V K Vijayakumar, Chief Investment Strategist at Geojit Investments Limited, geopolitical developments continue to influence investor sentiment.
He said Brent crude oil, currently trading at $78.83 per barrel, is not yet a major concern for India’s economy. However, if tensions disrupt the Strait of Hormuz and push crude prices above $100 per barrel, markets could face renewed pressure.
Global Markets Mixed
Asian markets traded mixed on Thursday. Japan’s Nikkei 225 and South Korea’s Kospi were in positive territory, while China’s Shanghai SSE Composite and Hong Kong’s Hang Seng traded lower.
US markets ended mostly lower overnight, keeping global investors cautious.
Outlook
Analysts believe Sensex Today reflects improving investor confidence supported by FII inflows and buying in quality large-cap stocks. However, global geopolitical developments, crude oil prices, and foreign investment trends will continue to determine the market’s direction in the coming days. If external risks remain contained, Sensex Today could extend its recovery and provide further support to domestic equities.