18 June 2026 (Navroze Bureau) : Indian benchmark indices recovered from early losses and traded in positive territory during Thursday’s session, supported by gains in banking, financial and technology stocks.
After opening on a cautious note, both the BSE Sensex and NSE Nifty 50 witnessed buying interest that helped erase initial declines, reflecting improved investor sentiment and resilience in domestic equities.
Early Weakness Gives Way To Recovery
Markets initially came under pressure due to mixed global cues and profit-booking after recent gains. However, bargain hunting in heavyweight stocks helped the benchmarks rebound.
Traders said investors remained optimistic about India’s economic outlook despite uncertainty in global markets.
Banking Stocks Lead Gains
Financial stocks emerged as key drivers of the recovery.
Several banking and financial services companies attracted fresh buying interest, helping lift broader market sentiment.
Analysts noted that strong domestic liquidity and expectations of steady economic growth continue to support the sector.
Global Factors In Focus
Investors are also tracking:
- U.S. Federal Reserve policy signals
- Global bond yield movements
- Crude oil prices
- Geopolitical developments in the Middle East
- Foreign institutional investor (FII) activity
Recent declines in crude oil prices following the U.S.-Iran framework agreement have provided support to emerging markets, including India.
Broader Market Participation
Mid-cap and small-cap stocks also participated in the recovery, indicating broader market strength beyond the benchmark indices.
Market breadth improved as advancing shares outnumbered declining stocks on both exchanges.
What Analysts Say
Market experts believe domestic fundamentals remain supportive, though volatility could persist due to global developments.
Key factors supporting Indian equities include:
- Strong economic growth
- Moderating inflation pressures
- Stable corporate earnings
- Continued domestic investor participation
Outlook For Investors
Investors are expected to remain cautious ahead of upcoming economic data releases and global central bank commentary.
However, analysts suggest that positive domestic fundamentals could continue to provide support to Indian equities in the near term.
Key Takeaway
Indian stock markets successfully recovered from early losses and traded higher, aided by gains in banking and financial stocks, improving market breadth and positive sentiment following easing global energy concerns.