The Indian stock market staged a dramatic comeback on Thursday, March 5, 2026, as benchmark indices snapped a three-day losing streak. In a rollercoaster session driven by geopolitical rumors and massive short covering, the Sensex soared nearly 900 points while the Nifty 50 reclaimed the crucial 24,700 mark.
Despite the ongoing US-Iran conflict, the bulls managed to add approximately ₹6 lakh crore back to investor wealth in a single day.
The recovery was swift and broad-based, with the indices hitting their intraday highs during the afternoon session.
BSE Sensex: Settled at 80,015.90, up 899.71 points (1.14%). At its peak, the index had jumped over 1,187 points.
Nifty 50: Ended at 24,765.90, up 285.40 points (1.17%). The index touched an intraday high of 24,854.
Sectoral Stars: The Nifty Metal Index was the undisputed leader, soaring over 3%. Auto, Oil & Gas, and Banking sectors followed closely.
The Laggard: The IT sector remained the lone outlier, continuing its decline amidst global tech uncertainty.
The massive rebound was largely triggered by “short covering”—where traders who bet on a market fall were forced to buy back shares quickly. This was fueled by:
Diplomatic Rumors: Unconfirmed reports suggested that Iran had indirectly contacted the CIA to negotiate an end to the conflict.
The Denial: However, Iran’s state media (Tasnim) quickly labeled these reports as “psychological warfare,” and the intelligence ministry denied any such outreach.
Geopolitical Friction: On the ground, tensions remain high. Iran reportedly struck a US-owned oil tanker in the Gulf, while Israel announced a “large-scale” attack on Tehran.
While India rallied, the rest of the world showed mixed signals:
Asia: South Korea’s Kospi saw a historic rebound of 9.6%, even triggering temporary trading halts. Japan’s Nikkei rose nearly 2%.
Commodities: Brent Crude remains a major concern, rising 1.8% to $82.87 per barrel, which could act as a cap on further market gains for oil-importing nations like India.
US Futures: Wall Street signaled a cautious start, with Dow and S&P 500 futures trading slightly in the red.
In a market where one rumor can add ₹6 lakh crore and one missile exchange can wipe it out, retail investors often feel like they are gambling. At Stock Emphasis, we believe in trading with logic, not luck.
Don’t let the “psychological warfare” of the markets drain your capital. Join Stock Emphasis—your SEBI Registered partner—for disciplined, research-backed trading.
Why Stock Emphasis is your best bet in this volatility:
✅ SEBI Registered Research: We operate under strict regulatory guidelines for your safety.
✅ Zero Fear Strategy: We identify clear Support and Resistance levels so you aren’t caught off guard.
✅ Real-Time Analysis: We separate “Market Rumors” from “Market Reality” to give you actionable calls.
Want to know if Nifty will hold 24,800 tomorrow? Get our Expert Analysis now!
📱 Call/WhatsApp: +91 83490-46664
📧 support@stockemphasis.com
Stock Emphasis
Stock EmphasisStock Emphasis
Stock Emphasis
Stock Emphasis
Stock Emphasis
Stock Emphasis
SEBI Registration Number: INH000020022.