Sensex jumps 414 points; Nifty opens higher amid positive global cues

Indian benchmark indices opened higher on March 5, 2026, supported by positive global cues and strong buying interest. The BSE Sensex surged 414 points to 79,530, while the Nifty climbed above 24,600 in early trade.

Post Published By: Sona Saini

Updated : 5 March 2026, 9:56 AM IST

Market Opening Bell: Sensex Surges Past 79,500, Nifty Climbs Sharply

Mumbai: The Indian stock market opened with strong gains on Thursday, 5 March. Both the Sensex and Nifty indices rose, driven by positive global cues. The 30-share BSE Sensex opened at 79,530.48, up 414.29 points. The NSE Nifty climbed 135.45 points to 24,615.95.

In the previous trading session, the Sensex closed at 79,116.19, while the Nifty 50 ended the day at 24,480.50. Investors saw buying behavior as soon as the market opened on Thursday, contributing to a positive sentiment.

Midcap and smallcap stocks also rose

Not only the major indices, but the broader market also saw strength. In early trade, the BSE Midcap Select Index was trading with a gain of 181.76 points, or 1.13 percent. The BSE Smallcap Select Index rose 67.61 points, or 0.91 percent, to 7,470.01.

This clearly indicates that investors remain interested in midcap and smallcap companies, along with large-cap stocks.

These stocks saw biggest gains

Sensex stocks saw buying in several key stocks. Adani Ports was the biggest gainer, rising by approximately 1.61 percent in early trade. Bajaj Finance, Tata Steel, Reliance Industries, and Larsen & Toubro also saw significant gains.

On the other hand, some stocks saw slight declines. Shares of IndiGo, ICICI Bank, and Axis Bank were weak in early trade. IndiGo shares fell by approximately 0.52 percent.

Market Breadth Positive

Market breadth on the NSE also remained strong. In early trade, approximately 2,008 stocks advanced, while 405 declined. Approximately 80 stocks traded unchanged.

These figures indicate that the market is currently experiencing a strong buying trend and investor confidence remains intact.

Expert Opinion: Market May Remain Volatility

According to Shrikant Chauhan, Head of Equity Research at Kotak Securities, the 24,300 and 78,500 levels will be key support zones for the market. If the market remains above these levels, the next resistance could be seen at 24,600 and 79,500.

He said that if the market stays above 24,600, the Nifty could reach 24,800 to 25,000, and the Sensex could reach 80,000 to 80,500. However, if the market slips below 24,300, investor sentiment could weaken and the market could see a decline.

Experts believe that the market structure is currently quite unstable and volatility may persist in the coming days.