As warplanes and missiles gathered in the skies of West Asia, India's stock market had plummeted. This week, on Monday and Wednesday, the Sensex and Nifty50 witnessed massive falls. India's stock market has now recovered from the impact of that war and bounced back. On Thursday morning, both benchmark indices opened at higher points than the last closing. Along with this, the rupee's value also increased on this day.

Around 10 AM on Thursday, the Sensex stood at 79,559 points. This means it rose by 0.53 per cent or 420 points from the last closing. On the other hand, Nifty50 increased by 144 points or 0.59 per cent. Due to this growth, Nifty50 reached 24,424 points. This increase has brought some relief to investors.

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Along with the two benchmark indices, most sectoral indices have been in positive territory since Thursday morning on both exchanges. Small-cap and mid-cap indices are in positive territory on both exchanges. Most sectoral indices like Nifty Metal, Nifty Oil and Gas, Nifty Energy, Nifty India Defence, Nifty Pharma, and Nifty Infrastructure have seen growth. However, Nifty IT, Nifty FMCG and Nifty India Tourism have declined.

Among the listed stocks in the Nifty50 index, shares of Hindalco, Coal India Limited, ONGC, Reliance Industries Limited and NTPC have risen the most. Meanwhile, HDFC Life, Max Healthcare, HCL Tech, Hindustan Unilever Limited, and TCS shares have declined the most.

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The Indian currency had fallen drastically over the past few days amid the war situation. The rupee's exchange rate against the US dollar had dropped below 92. From that level, the Indian rupee strengthened on Thursday. The exchange rate against the dollar came down to 91.57. Market experts believe that the rupee's recovery has helped the market's growth. However, crude oil prices in the international market rose again on this day.

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