Indian Markets Rally for Third Day
Analysis based on 8 articles · First reported Mar 18, 2026 · Last updated Mar 19, 2026
The Indian stock markets, represented by the BSE SENSEX and NSE Nifty, experienced a significant rally for the third consecutive day, driven by a slight drop in Brent Crude prices and positive global market trends. This surge was broad-based, with strong performance in IT, realty, and auto sectors, despite Foreign Institutional Investors being net sellers.
Indian stock market benchmark indices, BSE SENSEX and NSE Nifty, extended their winning streak for the third consecutive day on Wednesday, closing nearly 1% higher. The BSE SENSEX jumped 633.29 points to 76,704.13, while the NSE Nifty surged 196.65 points to 23,777.80. This rally was primarily fueled by a slight drop in Brent Crude oil prices and a firm trend observed in global markets, including positive performances in Asian and European markets, and the US market. The IT sector played a crucial role in driving this optimistic trend, with companies like Tech Mahindra, Infosys, HCLTech, and Tata Consultancy Services being major gainers. Other significant gainers included Mahindra & Mahindra, Adani Ports, and Axis Bank. Conversely, NTPC Limited, Hindustan Unilever, Sun Pharma, and HDFC Bank were among the laggards. Foreign Institutional Investors (FIIs) offloaded equities, but Domestic Institutional Investors (DIIs) provided support by buying stocks, indicating a balanced market dynamic. Analysts attributed the recovery to opportunistic buying, short covering, and value buying across various sectors.
Set up alerts, explore entity relationships, search across thousands of events, and build custom intelligence feeds.
Open Dashboard