Stock Market Today 05 March: Following the war in the Middle East, the Indian stock market was in turmoil for four days. Investors lost millions of rupees. However, after Holi, the market has regained its vibrancy. Breaking a four-day losing streak, the Indian stock market opened in the green. Major domestic benchmarks saw strong gains. The 30-share BSE Sensex opened at 79,530.48, up 414.29 points, while the NSE Nifty also opened at 24,615.95, up 135.45 points. At the time of writing, the Sensex had gained nearly 500 points.
Stock Market Today 05 March
Broader markets outperformed benchmark indices. The Nifty Midcap and Nifty Smallcap indices were trading 0.82 percent and 0.83 percent higher, respectively. Sectorally, Nifty Realty emerged as the top gainer, followed by Nifty Oil & Gas and Nifty Auto. Within the Sensex pack, Sun Pharma, Adani Ports, L&T, BEL, NTPC, and Tata Steel were among the top gainers, while HCL Tech, TCS, HUL, Tech Mahindra, and Asian Paints were the biggest losers.
Asian Market Today
In Asian markets, China’s Shanghai Stock Exchange rose 0.84 percent and the Shenzhen Stock Exchange rose 1.67 percent. Japan’s Nikkei gained 1.84 percent, and Hong Kong’s Hang Seng Index rose 1.13 percent. South Korea’s Kospi gained 9.69 percent. US markets closed in the green overnight, with the Nasdaq gaining 1.29 percent. The S&P 500 gained 0.78 percent, and the Dow Jones Industrial Average gained 0.49 percent.
Stock Market Experts
Indian stock market opened sharply lower on Wednesday, with both major benchmarks falling more than 2 percent in early trading, driven by a selloff in global equities and rising oil prices due to the ongoing US-Israel-Iran conflict. Experts also noted that foreign investors (FIIs) sold shares worth approximately ₹8,752 crore in the previous trading session, marking the fourth consecutive selling session.
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