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Strong Market Rebound: US-Iran Peace Hopes and Currency Recovery Boost Investor Confidence

GoalFi Pulse | 05 March 2026

Hello ,

Executive Summary

The market showcased broad-based strength today, with key indices closing firmly in the green. Cyclical sectors such as Metal, Consumer Durables, and Auto led the rally, signaling robust domestic demand and economic confidence. While the broader market sentiment remained positive, the IT sector faced headwinds, leading to some selective profit booking in tech heavyweights. Overall, a bullish session dominated by strong sectoral performance.

Key Developments

  • Broad Market Rally: Most sectoral indices ended with significant gains, indicating a positive market breadth across the board.

  • Cyclical Sector Outperformance: Metal, Consumer Durables, and Auto sectors emerged as top performers, driven by optimism over economic recovery and infrastructure push.

  • IT Sector Underperforms: Technology stocks witnessed profit booking, making IT the only major sectoral laggard for the day.

  • Mixed Financials: Financial services and banking sectors saw modest gains, contributing steadily to the overall market ascent.

Top Gainers

NIFTY 50 constituents

Symbol

LTP

% Change

ADANIPORTS

1489.20

3.82%

HINDALCO

956.70

3.79%

LT

4027.00

3.72%

BEL

462.00

3.39%

NTPC

377.45

3.18%

Top Losers

NIFTY 50 constituents

Symbol

LTP

% Change

TECHM

1332.50

-1.38%

ICICIBANK

1353.30

-0.89%

HCLTECH

1355.70

-0.61%

SBIN

1168.50

-0.51%

TCS

2575.00

-0.49%

Best Performing Indices

Index

LTP

% Change

NIFTY METAL

12049.20

2.29%

NIFTY CONSUMER DURABLES

36752.40

2.10%

NIFTY AUTO

27366.80

1.86%

NIFTY REALTY

757.80

1.83%

NIFTY FINANCIAL SERVICES EX-BANK

30518.90

1.71%

Weakest Performing Indices

Index

LTP

% Change

NIFTY IT

30126.80

-0.59%

NIFTY MIDSMALL IT & TELECOM

8267.85

-0.08%

NIFTY FMCG

50000.80

0.41%

NIFTY PRIVATE BANK

28054.05

0.45%

NIFTY PSU BANK

9372.60

0.49%

Sector Performance Summary

Today's market saw Metals and Consumer Durables lead the charge with over 2% gains, reflecting strong investor confidence in core economic sectors. The Auto and Realty sectors also performed exceptionally well, reinforcing the positive outlook for domestic demand and infrastructure. In contrast, the IT sector was a notable underperformer, experiencing a decline amidst broader market enthusiasm, highlighting a divergence in sectoral fortunes.

Market Sentiment

Market sentiment was largely positive, characterized by healthy participation across various sectors. The strong performance in cyclicals suggests a risk-on environment, with investors favoring sectors poised to benefit from economic growth. Despite slight pullbacks in IT and some financial majors, the overall mood remained bullish, indicating underlying strength.

Outlook for Next Session

The market is likely to carry forward the positive momentum from today's session, especially with continued strength expected in cyclical sectors. Key resistance levels should be watched, and global cues will play a role. Investors may continue to rotate towards value and growth-oriented sectors, while the IT sector might see some consolidation before finding direction. Volatility could emerge from any significant news flow.

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