05.03.202604:27:12UTC+00Sensex Rebounds at Open After 4-Day Fall

India’s BSE Sensex climbed about 0.3% to 79,381 in Thursday morning trade, snapping a four-session losing streak as most sectors moved into positive territory. Technology, consumer non-durables, and healthcare were the main laggards, recording only slight declines.

The index tracked a rebound across Asian markets after several days of sharp sell-offs, with gains on Wall Street helping to improve risk sentiment. Final HSBC PMI data released last Wednesday showed the composite PMI rising to 58.9 in February from 58.4, while the services PMI eased slightly to 58.1 from 58.5. Despite the downward revision in services, both indicators continued to signal robust sectoral expansion.

Volatility may persist, however, amid higher crude oil prices, ongoing foreign institutional investor (FII) outflows, heightened US–Iran geopolitical tensions, and broader global uncertainty. Early movers on the upside included Jindal Drilling and Industries (+8.9%), Tata Investment (+6.2%), Chennai Petroleum (+4.8%), and GE Vernova T&D (+4%).