India's benchmark indices staged a dramatic recovery on Thursday, erasing early losses of as much as 2.

India's benchmark indices staged a dramatic recovery on Thursday, erasing early losses of as much as 2.2% to close in positive territory. The Sensex gained 185 points or 0.25% to finish at 73,319, while Nifty 50 rose 33 points or 0.15% to 22,713. A strong rupee rebound and short covering ahead of the extended Good Friday weekend drove the turnaround. However, the week still marked the sixth consecutive week of declines for both indices. Geopolitical tensions and Trump's comments on West Asia conflict sent global markets lower, with Brent crude surging 8% to $109 per barrel. Overseas investors remained net sellers at 9,931 crores while domestic institutions purchased 7,208 crores. Technical analysts note the market continues forming lower highs, suggesting weakness, though momentum indicators hint at potential near-term pullback recovery.