Stock markets rebound tracking drop in crude oil prices, rally in global peers

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Foreign Institutional Investors offloaded equities worthy  ₹6,345.57 crore connected  Monday (March 9), according to speech   data. File

Foreign Institutional Investors offloaded equities worthy ₹6,345.57 crore connected Monday (March 9), according to speech data. File | Photo Credit: Reuters

Stock marketplace benchmark indices Sensex and Nifty ended astir 1% higher connected Tuesday (March 10, 2026) aft 2 days of monolithic decline, pursuing a driblet successful crude lipid prices and betterment successful planetary peers amid hopes that the struggle successful West Asia could extremity soon.

The 30-share BSE Sensex jumped 639.82 points oregon 0.82% to settee astatine 78,205.98. During the day, it surged 960.09 points oregon 1.23% to 78,526.25.

The 50-share NSE Nifty climbed 233.55 points oregon 0.97% to extremity astatine 24,261.60.

Brent crude, the planetary lipid 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 large gainers.

Eternal, Infosys, Reliance Industries and Bharti Airtel were among the laggards.

In Asian markets, South Korea’s Kospi rebounded sharply by 5.35%, portion Japan’s Nikkei 225 jumped 2.88%. Shanghai’s SSE Composite scale and Hong Kong’s Hang Seng scale besides ended successful affirmative territory.

Markets successful Europe were trading sharply higher.

The U.S. marketplace ended higher connected Monday (March 9).

“The rebound came aft signs of imaginable de-escalation successful the Middle East conflict, arsenic U.S. President Donald Trump hinted astatine a imaginable aboriginal extremity to the Iran war. This improvement eased geopolitical concerns and triggered a crisp correction successful planetary crude lipid prices, helping hazard sentiment stabilize,” Ponmudi R., CEO of Enrich Money, an online trading and wealthiness tech firm, said.

Foreign Institutional Investors (FIIs) offloaded equities worthy ₹6,345.57 crore connected Monday (March 9), according to speech data. Domestic Institutional Investors (DIIs), nevertheless bought stocks worthy ₹9,013.80 crore.

“Indian equity markets witnessed a beardown rebound contiguous arsenic easing geopolitical concerns and a crisp reversal successful crude lipid prices helped reconstruct capitalist assurance aft caller volatility,” helium said.

“The Nifty-50 precocious implicit 200 points, supported by improving planetary sentiment arsenic markets reacted positively to signs that tensions surrounding the ongoing Middle East struggle whitethorn statesman to ease,” Hariprasad K., Research Analyst and Founder, Livelong Wealth, said.

On Monday (March 9), the Sensex tanked 1,352.74 points oregon 1.71% to settee astatine 77,566.16, registering its 2nd time of decline. On akin lines, the Nifty dropped 422.40 points oregon 1.73% to extremity astatine 24,028.05.

Published - March 10, 2026 04:29 p.m. IST

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