Stock markets rebound tracking rally in global peers; Sensex rallies 899 points

Market Performance - Benchmark stock indices Sensex and Nifty rebounded on March 5, 2026, closing higher by more than 1% following a recovery in global equities after recent losses due to the conflict in West Asia [1] - The BSE Sensex increased by 899.71 points or 1.14% to settle at 80,015.90, with an intraday high of 80,303.83, marking a surge of 1,187.64 points or 1.50% [1] - The NSE Nifty rose by 285.40 points or 1.17% to end at 24,765.90, breaking a three-day decline [1] Sector Performance - Major gainers in the Sensex pack included Adani Ports, Larsen & Toubro, NTPC, Reliance Industries, Bharat Electronics, and InterGlobe Aviation [2] - Lagging stocks included Tech Mahindra, HCL Tech, Hindustan Unilever, and ICICI Bank [2] Global Market Influence - Brent crude oil prices increased by 1.84% to $82.90 per barrel, indicating a positive influence on market sentiment [2] - Asian markets showed strong performance, with South Korea's Kospi rebounding by 9.63%, and other indices like Japan's Nikkei 225, Shanghai's SSE Composite, and Hong Kong's Hang Seng also closing higher [2] Institutional Activity - Foreign Institutional Investors (FIIs) sold equities worth ₹8,752.65 crore on March 4, 2026, while Domestic Institutional Investors (DIIs) purchased stocks worth ₹12,068.17 crore [3]