Sensex Rebounds at Open After 4-Day Fall
2026-03-05 04:27
By
Jereli Escobar
1 min. read
India’s BSE Sensex edged up around 0.3% up at 79,381 on Thursday morning trade, bouncing back from a four-day losing streak as most sectors moved into positive territory, except for technology, consumer non-durables and commercial services, which posted modest declines.
The index rose, tracking a rebound across Asian markets after several days of sharp sell-offs, as gains on Wall Street lifted investor sentiment.
Last Wednesday’s HSBC final PMI data showed the composite PMI rising to 58.9 in February from 58.4, while the services PMI slipped to 58.1 from 58.5.
Despite downward revisions, both still pointed to strong sector growth.
However, markets may remain volatile amid rising crude oil prices, continued foreign institutional investor (FII) selling, escalating US-Iran geopolitical tensions, and broader global uncertainty.
Among the early gainers were Jindal Drilling and Industries (+8.9%), Tata Investment (+6.2%), Chennai Petroleum (+4.8%), and GE Vernova T&D (+4%).