Indian Markets Rebound; Sensex Above 76,750, Nifty Near 24,000
What Happened
Indian equities opened higher on Thursday after three sessions of weakness. As of around 9:30 AM, the Sensex was up about 190-210 points at 76,760-76,780, while the Nifty traded near 23,975-23,990, gaining roughly 60-75 points. Banking stocks led the advance, with Axis Bank, ICICI Bank, SBI and Adani Ports among the top gainers.
Key Takeaways
The market is benefiting from strong institutional buying, with FIIs and DIIs investing nearly ₹9,500 crore in the previous session. Banking and PSU bank stocks are outperforming, but elevated crude oil prices and Middle East tensions continue to be key risks for market sentiment.