Stock Market Today: Indian equities ended Tuesday’s session on a strong note after a prolonged slump due to the Iran-Israel war. At the close, BSE Sensex reached 78,205.98, rising 639.82 points or 0.82 per cent, while the Nifty 50 settled at 24,261.60, up 233.55 points or 0.97 per cent on Tuesday, March 10, 2026. The jump in benchmark indices came as there was a decline in crude oil prices and a recovery in global markets.
About 2998 shares advanced, 1111 shares declined, and 125 shares remained unchanged.
Among the biggest Nifty 50 gainers were Shriram Finance, Interglobe Aviation, Eicher Motors, Tata Motors Passenger Vehicle, M&M, while losers included Infosys, Eternal, Bharti Airtel, ONGC, and Reliance Industries.
Except for IT and oil & gas, all other sectoral indices ended in the green, with the auto index rising 3 per cent, the consumer durables index surging 2.6 per cent, PSU Bank index rising 2.2 per cent.
Meanwhile, the Nifty Midcap index added 1.6 per cent and the Smallcap indices rose 2 per cent.
V K Vijayakumar, Chief Investment Strategist at Geojit Investments, said, "The panic reaction in crude prices which took Brent crude to near USD 120 yesterday has seen a reversal this morning, plunging Brent crude to USD 89. This kind of extreme swing of near USD 30 in one day reflects the huge uncertainty surrounding the impact of the West Asian conflict on global crude supplies. During a war, uncertainty reigns supreme and this is what we are witnessing now."
Key Factors Behind The Market Surge
Crude Oil Prices Ease:A key factor supporting the market rebound was the sharp fall in crude oil prices after a steep surge in the previous session. Oil had crossed the USD 100 per barrel mark on Monday amid concerns about potential supply disruptions due to escalating geopolitical tensions.
However, prices corrected sharply on Tuesday. Brent crude dropped 5.18 per cent to USD 93.83 per barrel after remarks from US President Donald Trump suggested the conflict in the Middle East could end soon.
Global Markets Provide Support:International market cues also contributed to the positive momentum in domestic equities. Asian markets saw a strong rebound, with South Korea’s Kospi jumping nearly 5 per cent and Japan’s Nikkei 225 rising 2.5 per cent. China’s Shanghai SSE Composite and Hong Kong’s Hang Seng also traded higher.
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