The total market capitalisation of BSE-listed companies surged by Rs 6.5 lakh crore to Rs 447.59 lakh crore.
Any renewed geopolitical escalation or prolonged disruption to tanker traffic could keep prices elevated, while sustained high oil prices also risk fuelling inflation and increasing diplomatic pressure to restore stability.
Biggest Nifty gainers were Shriram Finance, Interglobe Aviation, Eicher Motors, Tata Motors Passenger Vehicle, M&M, while losers included Infosys, Eternal, Bharti Airtel, TCS, Reliance Industries. Among sectors, except IT and oil & gas all other indices ended in the green. Nifty Midcap and Smallcap indices up 2% each.
More than 850 stocks touched their 52-week low, including Swan Corp, Interglobe Aviation, GNFC, PNB Housing Finance, Birla Corp, BLS International, Sterling Wilson, RHI Magnesita, Just Dial, Asian Paints, Nuvoco Vistas, REC, Berger Paints, JK Lakshmi Cement, Rashtriya Chemicals, GAIL, Inox Wind, among others.
Escalating tensions in West Asia have triggered a global oil shock, with crude prices surging past $115 and raising fresh concerns over energy supply. Production cuts by Iraq, Kuwait, and the United Arab Emirates have intensified worries about disruptions around the Strait of Hormuz, a key artery for global oil trade. Surabhi Upadhyay speaks with Manisha Gupta on whether India could face an oil or LNG supply shock and how the global energy market may respond if the crisis deepens.
All the sectoral indices ended in the red with Auto, Capital Goods, Consumer Durables, Metal, PSU Bank, Oil & Gas and Private Bank down 2-4%. Nifty Midcap and Smallcap indices shed 2 each. Tata Motors Passenger Vehicles, Eicher Motors, Bajaj Auto, UltraTech Cement, Maruti Suzuki were among major losers on the Nifty, while gainers included Wipro, Sun Pharma, Apollo Hospital, Reliance Industries, Infosys
Even if the fighting ends quickly, analysts warn that damage to infrastructure, disrupted logistics and heightened risks to shipping could keep fuel prices elevated for weeks or months, affecting businesses and consumers worldwide.
If Brent crude sustains above the $90 per barrel mark, the implications for India could extend well beyond higher fuel prices. A widening current account deficit, pressure on the rupee, and a potential delay in interest-rate easing could begin to weigh on corporate earnings and market valuations.
Markets remain fixated on the US–Iran conflict as Trump has vowed to strike “very hard,” while Iran’s president apologized for regional strikes and said Iran would refrain from attacking neighbouring countries “unless attacked first”. Crude oil and aluminum stand to gain most if the conflict deepens.
For the week, BSE Sensex and Nifty fell nearly 3 percent each.
Among Nifty constituents, ICICI Bank, Eternal, Shriram Finance, Axis Bank, and UltraTech Cement were the top losers, while Bharat Electronics, Reliance Industries, NTPC, ONGC, and Sun Pharma emerged as the key gainers. Sectoral indices ended on a mixed note. Auto, realty, PSU Bank, and private bank indices declined 1-2 percent. On the other hand, the defence index surged nearly 3 percent, while Capital Goods index rose 1.3 percent and Power index gained 0.4 percent. Among broader indices, Nifty Midcap index fell 0.7 percent, and Smallcap index shed 0.2 percent.
"If the rupee keeps on depreciating, the subsidy bill for the government could increase—mainly on fertilizers," the source said.
Gold pushed higher, after the dollar declined and the war in the Middle East entered a sixth day with no sign of resolution.
Sensex, Nifty Today | Stock Market LIVE Updates: Benchmark indices ended sharply higher on Thursday. The rally was broad-based, supported by strong buying in metals, infrastructure, energy and auto stocks, while volatility cooled significantly through the session. Market breadth remained firmly positive.
Broader indices underperformed the main indices with Nifty Midcap and smallcap indices falling 2% each.
Except IT, all other sectoral indices ended in the red, with Infra, PSU Bank, Realty, Media, Oil & gas, Auto, Metal down 2-4%. Nifty Midcap and smallcap indices down 2% each. Tata Steel, Tata Motors Passenger Vehicles, SBI Life Insurance, L&T, JSW Steel were among major losers on the Nifty, while gainers included Coal India, Bharti Airtel, Infosys, Tech Mahindra.
Biggest Nifty losers were L&T, Interglobe Aviation, Adani Ports, Tata Motors Passenger Vehicles, Adani Enterprises, while gainers included Bharat Electronics, Sun Pharma, ONGC, Dr Reddy's Labs and Hindalco.
Biggest Nifty losers were L&T, Interglobe Aviation, Adani Ports, Tata Motors Passenger Vehicles, Adani Enterprises, while gainers included Bharat Electronics, Sun Pharma, ONGC, Dr Reddy's Labs and Hindalco. Except metals, all other sectoral indices ended lower with Auto, Consumer Durables, Oil & Gas down 2 percent each. The Nifty midcap and smallcap indices fell 1.5 percent each.
If US labour market conditions remain robust, expectations for a June rate cut may fade further. Conversely, a weaker jobs report could prompt markets to recalibrate rate expectations.
Among sectors, auto, bank, FMCG, metal, realty, telecom shed 1-2%, while IT, media, consumer durables ended in the green.
Nifty Midcap and smallcap indices down 1% each. Dr Reddy's Labs, Bharti Airtel, M&M, HDFC Life, Sun Pharma were among the top drags on the Nifty, while gainers were Trent, HCL Tech, Infosys, Apollo Hospitals. Among sectors, auto, bank, FMCG, metal, realty, telecom shed 1-2%, while IT, media, consumer durables ended in the green.
After a gap-up start, the market traded in a narrow range through the day, with the Nifty slipping to an intraday low of 25,400 amid intermittent selling pressure
Bharat Electronics, Adani Ports, Sun Pharma, Bharti Airtel, Maruti Suzuki were among major gainers on the Sensex, while losers were Power Grid Corporation, Trent, Bajaj Finserv, HDFC Bank and Eternal. Among sectors, auto, pharma, oil & gas, PSU Bank telecom, metal added 0.4-1%, while media index shed 0.7%. Nifty Midcap index rose 0.6%, while smallcap index ended flat.
Broader indices outperformed the benchmarks, with the Nifty Midcap index gaining 0.5% and the Smallcap index rising 1%.
Stock Market Live Updates: SBI, ITC, Bharti Airtel, Adani Ports, Reliance Industries are among major losers on the Nifty, while gainers are Tata Steel, HCL Technologies, Bajaj Auto, Shriram Finance, TCS. Nifty Midcap index up 0.3%, and smallcap index up 0.5%. On the sectoral front, auto, healthcare, IT, metal up 1-2 percent, while telecom index down 1.5%, FMCG, oil & gas, PSU Bank down 0.3-0.6%