Indian Stock Markets Recover Following Global Rally and Banking Sector Gains

The Sensex and Nifty ended a five-day losing streak as global market optimism and financial sector performance lifted investor sentiment.

The BSE Sensex rose 341.04 points to close at 74,169.95, and the NSE Nifty gained 111.55 points to settle at 22,508.75, marking a recovery after five consecutive sessions of losses.
IndusInd Bank led the gains, climbing nearly 5% intraday after the Reserve Bank of India reassured investors of the bank's financial health despite an accounting discrepancy.
Global market rallies, including strong performances in Asian and European indices, contributed to the positive sentiment in Indian markets.
Macroeconomic indicators such as a GDP growth bounce-back to 6.2% in FY25 Q3 and declining CPI inflation to 3.61% in February added to investor optimism.
Foreign institutional investors continued to sell equities, with outflows reaching Rs 1.42 lakh crore in 2025, while Brent crude oil prices climbed to $71.33 per barrel.