Indian equity benchmarks opened about 0.5 per cent lower on Wednesday, led by a sharp fall in IT stocks. Higher crude oil prices, escalating Middle East tensions and liquidity shifting towards IPOs weighed on investor sentiment in early trade.
Indian benchmark indices rallied sharply on Friday, with the Sensex gaining 964.58 points and the Nifty closing above 24,300. Strong buying in private banking, IT and auto stocks drove the gains, while broader markets ended the session in negative territory.
Stock markets opened marginally higher Thursday, extending a three-day recovery as the ‘India AI Impact Summit 2026’ in New Delhi fuels investor sentiment. Sensex and Nifty gained modestly, led by IT stocks, while analysts flagged key support-resistance levels and steady DII inflows
Infosys Chairman Nandan Nilekani said artificial intelligence will fundamentally change software development, making coding no longer the primary task for tech professionals. He said firms must focus on institutional change, new skills and AI adoption amid rising concerns over industry disruption
