Sensex Today: Stock Market Rebounds as Sensex Index & Nifty 50 Rise After 4-Day Fall

Stock Market Today: Sensex Index Recovers as Tech Rally Lifts Nifty 50 and Dalal Street Sentiment

After four straight sessions of decline, Sensex today finally staged a healthy rebound, driven largely by sharp buying in technology and IT shares. The gains brought relief to traders who had been witnessing persistent weakness across the stock market live charts since the beginning of the week.

The Sensex index ended 158.51 points higher at 85,265.32, while the Nifty 50 also recovered to close at 26,033.75. This turnaround comes at a time when volatility has been dominating the markets today, with global cues, crude oil prices and foreign investor flows dictating short-term sentiment.

Tech Stocks Lead Recovery Across Dalal Street

Investors turned their attention back to heavyweight tech counters, which supported the rebound seen in the Sensex today. Stocks such as TCS, Infosys, HCL Tech and Tech Mahindra helped the market recover after recent corrections.

The strong movement in technology shares had a visible impact on the Sensex index, which climbed sharply during the mid-session before giving up some gains due to profit booking.

This renewed strength in the IT sector also boosted the Nifty 50, making it one of the most actively tracked indices in the stock market live trade today.

Volatile Session Keeps Traders Cautious

Despite the rally, the trading session remained highly volatile. Early losses were triggered by the weakness in the Indian rupee and sustained selling by Foreign Institutional Investors. However, domestic buyers stepped in, lifting the Sensex today from its lows.

The market briefly surged more than 380 points, showing strong intraday strength, only to cool down due to profit booking. This pattern reflects the cautious approach of traders who are tracking every movement of the Sensex index and Nifty today ahead of the RBI policy announcement.

FIIs Continue Selling; DIIs Support the Market

Foreign Institutional Investors offloaded equities worth ₹3,206.92 crore, continuing their selling streak. This FII pressure has been one of the primary contributors to the recent weakness in the stock market today.

However, Domestic Institutional Investors (DIIs) stepped in with strong buying, which helped stabilise both the Sensex index and Nifty 50. The contrasting flows once again highlight the critical role DIIs play in balancing the market during global uncertainty.

Rupee Hits New Low but IT Stocks Shine

The rupee slid to a record low of 90.43 against the US dollar. Typically, a weak currency adds pressure to the markets today, especially sectors dependent on imports.

However, IT exporters benefit from a weaker rupee, which is partly why the tech sector carried the gains in the Sensex today.

Experts believe that rupee weakness will continue to influence market direction, especially in sectors sensitive to currency movements.

Global Markets Send Mixed Signals

Asian markets presented a mixed picture with South Korea and China closing lower, while Japan and Hong Kong posted gains. European markets opened higher, adding limited support to the stock market live sentiment back home.

US markets closed in the green overnight, which helped Indian benchmarks find some stability earlier in the day.

RBI Policy Meeting Creates Suspense

All eyes are now on the Reserve Bank of India’s Monetary Policy Committee meeting scheduled for Friday. With inflation concerns, currency volatility and global uncertainties in play, investors expect the RBI’s tone to be cautious.

Analysts say the central bank is unlikely to cut rates immediately, but its commentary will guide traders on future market trends, including how the Sensex index and Nifty today might move in the coming weeks.

Crude Prices Add Mild Pressure

Brent crude rose 0.38% to $62.91 per barrel. Higher crude prices usually weigh on inflation-sensitive sectors and can restrict gains in the stock market today.

This factor, combined with currency pressure and FII selling, kept some traders on the sidelines throughout the session.

Market Breadth Turns Negative

Despite the recovery in benchmarks, market breadth remained negative. More stocks fell than rose on the broader index, indicating that the rally was largely driven by a handful of outperformers in the Sensex today.

Gainers included:

• Infosys
• TCS
• Tech Mahindra
• HCL Tech
• Sun Pharma
• Bharti Airtel

Laggards included:

• Maruti
• Kotak Mahindra Bank
• Titan

Technical View: Nifty 50 Faces Key Resistance Zone

Market analysts observed that the Nifty 50 faced resistance near 26,100 and may require consolidation before a significant breakout. Strength above 26,111 could push the index to 26,200, while a slip below 25,935 might trigger further downside.

Traders should watch these levels closely as they may determine short-term movement in the stock market today and affect overall sentiment in the Sensex index.

Conclusion: A Relief Rally, but Not a Trend Reversal Yet

Thursday’s rally was a welcome relief but not enough to confirm a full trend reversal. The market remains sensitive to global economic conditions, FII outflows and RBI commentary.

Still, the resilience of the Sensex today and the recovery in the Nifty 50 indicate that domestic sentiment remains intact.

For now, all eyes are on the RBI policy meeting and global cues that will shape the movement of the markets today in the weeks ahead.

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