After several sessions of decline, Indian equity markets recovered on Thursday, September 3, 2026, supported by global cues and buying in banking, real estate and infrastructure stocks. The Sensex rose by around 300 points in early trade to around 76,869, while the Nifty 50 gained 105.50 points to trade at 24,037.
The Nifty moved back above the psychologically important 24,000 level. Market breadth was positive in early trade, with around 2,067 stocks advancing, 789 declining and 155 showing no major change, according to available data.
Adani Ports was among the top gainers in Thursday's trade, with its stock rising around 1.51 percent. Banking and power stocks also witnessed buying, supporting the major indices.
ICICI Bank gained around 1.37 percent, while Axis Bank and State Bank of India (SBI) each advanced 1.08 percent. Power Grid rose around 1.05 percent and HDFC Life gained 0.91 percent.
Adani Enterprises rose around 0.84 percent, while HDFC Bank gained 0.70 percent. Buying in banking stocks contributed to the market's early recovery.
InterGlobe Aviation (IndiGo) fell around 1.02 percent and was among the major losers. Tech Mahindra declined 0.94 percent, HCL Technologies fell 0.86 percent and Eicher Motors declined 0.83 percent.
Nestle India fell 0.64 percent, TCS declined 0.63 percent and Infosys was down 0.59 percent. Bajaj Auto and Cipla also traded in the red in early trade.
Banking and real estate stocks recorded buying in sectoral trading. The Nifty PSU Bank index gained around 0.93 percent, while Nifty Realty advanced 0.91 percent. Nifty Bank was also up around 0.72 percent.
Energy and infrastructure-related stocks also recorded gains. Buying in banking stocks was among the factors supporting the market's recovery.
The broader market gains did not extend across all sectors. The Nifty IT Index declined around 0.90 percent in early trade. The FMCG index fell around 0.46 percent, while the pharma index declined 0.07 percent.
