Indian benchmark indices BSE Sensex and Nifty 50 witnessed a strong recovery after sharp intraday losses as investors returned to selective buying in banking and infrastructure stocks. The rebound came despite continued pressure from rising crude oil prices and global uncertainty.
Market sentiment remained volatile due to concerns regarding inflation, currency weakness, and geopolitical developments in the Middle East. Foreign investors stayed cautious, while domestic institutions helped stabilize trading activity.
Analysts believe Indian equities may continue witnessing sharp swings in the short term as investors react to global conflict developments and commodity price movement.
Leave A Comment