Indian financial markets ended the trading session on March 10, 2026 on a positive note, with benchmark equity indices rebounding sharply, the rupee strengthening against the US dollar, and gold prices rising amid global uncertainty.
Key Highlights
- Sensex rises 640 points while Nifty closes above 24,250 amid improved global cues and easing oil prices.
- Rupee strengthens against US dollar as gold prices surge on safe-haven demand and geopolitical concerns.
The BSE Sensex closed 640 points higher at 78,205.98, while the Nifty 50 settled above the 24,250 mark, gaining nearly 1% during the session. The rally came after a two-day decline in the market and was largely driven by easing crude oil prices and improving global sentiment.
Investor confidence improved as crude oil prices slipped below the $90 per barrel level, easing concerns over inflation and import costs for India, which is heavily dependent on oil imports. Analysts noted that stabilising global markets and expectations of easing geopolitical tensions also helped boost risk appetite among investors.
Several sectoral stocks supported the market’s upward momentum. Banking and metal stocks recorded gains, with major companies such as State Bank of India and Tata Steel seeing positive movement during the session.
In the currency market, the Indian rupee strengthened to around ₹91.8 against the US dollar by the end of trading. The appreciation in the domestic currency was supported by improved investor sentiment and stabilisation in global commodity prices.
Meanwhile, gold prices climbed sharply in domestic markets, reflecting renewed safe-haven demand among investors. The price of 24-carat gold stood around ₹16,238 per gram, while 22-carat gold traded near ₹14,885 per gram in India.
Also Read: Market Rout: Sensex Crashes, Rupee Hits Record Low while Gold Recovers
Precious metals gained momentum as the US dollar weakened and geopolitical developments influenced investor sentiment, prompting many to shift funds toward bullion.
Market experts noted that ongoing geopolitical developments and commodity price fluctuations will remain key factors influencing financial markets in the near term. However, the strong rebound in equities and stability in currency markets indicate that investor sentiment remains resilient despite global uncertainties.
Overall, the trading session reflected a broad recovery across asset classes, with equities, currency, and bullion markets reacting to easing oil prices and improving global cues.
