Indian equity markets opened higher on Thursday, March 5, 2026, after four consecutive sessions of decline. Early gains in the BSE Sensex and Nifty 50 were supported by strength in Asian markets and buying in heavyweight stocks.
Despite the positive opening, investors remained cautious as geopolitical tensions at the global level continued to rise and crude oil prices maintained an upward trend.
Market Opening and Early Trade Levels
The benchmark 30-share BSE Sensex opened at 79,530 on Thursday, compared with the previous session’s close of 79,116. At 9:21 a.m., the index was trading at 79,431.49, up 315.30 points, or about 0.40 percent.
Similarly, the Nifty 50 opened at 24,615. By 9:22 a.m., the index was trading at 24,572, higher by 76.75 points, or 0.31 percent.
Market participants indicated that buying in heavyweight stocks provided initial support to the market. Gains in banking, information technology, and large consumer stocks contributed to the early upward movement.
Asian Markets Record Strong Gains
Major Asian markets recorded significant gains on Thursday morning, reflecting the impact of strength in U.S. markets. The positive global cues supported investor sentiment and led to sharp advances in several regional indices.
South Korea’s KOSPI rose more than 12 percent, recovering losses recorded in the previous trading session.
Japan’s Nikkei 225 also traded more than 4 percent higher, indicating increased investor participation across Asian markets.
Analysts stated that positive signals from global markets typically influence Asian equities, which contributed to early support for Indian markets.
Wall Street Gains Support Global Sentiment
U.S. equity markets closed higher on Wednesday, influencing global investor sentiment and contributing to positive momentum across Asian markets.
The S&P 500 ended the session up 0.78 percent. The Dow Jones Industrial Average recorded a gain of 0.49 percent.
The Nasdaq Composite closed 1.29 percent higher, supported by gains in technology sector stocks.
According to analysts, b economic data related to the U.S. services sector increased investor confidence, leading to buying interest in technology companies and supporting broader market sentiment.
Crude Oil Prices Extend Gains
In commodity markets, crude oil prices continued their upward movement amid concerns over global supply.
Brent crude extended gains for a fifth consecutive session. On Thursday, it was trading 0.57 percent higher at $82.98 per barrel.
The rise in oil prices has been linked to escalating tensions between the United States and Iran. Iran has warned that it could attack ships passing through the Strait of Hormuz.
The Strait of Hormuz is considered one of the most critical oil supply routes globally. Any disruption along this maritime corridor could affect global supply, prompting caution among refiners and investors.
Gold Prices Move Higher
Gold prices also rose amid escalating tensions between the United States and Iran. During periods of heightened global uncertainty, investors often shift toward assets considered safe-haven investments.
Gold prices increased by more than 1 percent on Thursday.
Analysts stated that if geopolitical tensions intensify further, gold prices may continue to remain firm.
Primary Market Activity Continues
Activity was also visible in the primary market on Thursday, with several initial public offerings open for investors.
The IPO of SedeMac Mechatronics is open for the second day and will close on Friday. The issue size is about ₹1,087.45 crore and does not include the issuance of new shares.
Meanwhile, the IPO of Elfin Agro India opened for subscription on Thursday. The issue consists entirely of new shares.
The continued flow of IPOs in the primary market indicates that companies are approaching capital markets to raise funds while investor participation remains active.
