Last Updated on April 7, 2026 12:00 am by BIZNAMA NEWS
Markets Rebound Sharply on Global Cues; Banking Stocks Lead Late Rally
Domestic equity benchmarks staged a strong comeback on Monday, extending gains for a third consecutive session as improving global sentiment and easing crude oil prices lifted investor confidence. After a weak start, markets reversed sharply in the latter half of the session amid reports संकेतिंग a possible de-escalation in Iran–US tensions, providing relief to risk assets. However, caution persisted ahead of the Reserve Bank of India’s upcoming monetary policy decision, keeping sentiment measured despite the rally.
The Nifty 50 rebounded from intraday lows to close firmly higher, supported largely by gains in banking and financial stocks, while the BSE Sensex also posted a solid advance. The recovery underscores resilience in domestic equities, though near-term direction remains tied to policy signals and evolving global developments.