Sensex Recovers 1,500 Points From Day’s Low, Nifty Holds Above 22,700 As IT Stocks Lead Late Rally

Written by: Kusum KumariUpdated on: 2 Apr 2026, 9:47 pm IST
Markets recovered sharply in late trade as IT stocks surged, value buying emerged, and the rupee strengthened despite early global worries.
Sensex
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Indian stock markets bounced back strongly in the last hours of trading. The Sensex closed at 73,319.55, down only 185 points, while the Nifty 50 held above 22,713. Earlier in the day, the Sensex had fallen more than 1,500 points and the Nifty dropped over 2%, showing how strong the late recovery was. Markets will remain closed on April 3 for Good Friday and reopen on April 6.

Early Fall Triggered By Global Concerns

The session began with heavy selling after comments by Donald Trump increased worries about tensions in West Asia. This affected global markets and led to cautious sentiment among investors in India.

Value Buying Supported The Rebound

As stocks fell sharply, investors started buying quality stocks at lower prices. This value buying helped the market recover from the day’s low levels and reduce losses by the closing bell.

IT Stocks Led The Late Rally

Technology stocks played a major role in the recovery. The Nifty IT index rose more than 2%.
Key gainers included:

  • Infosys
  • Tata Consultancy Services
  • Wipro
  • Tech Mahindra
  • HCLTech

Strong buying in these stocks lifted overall market sentiment.

Also Read: March 2026 Auto Sales: Tata Motors Leads Growth, Mahindra Shows Stability Across Segments!

Strong Rupee Boosted Investor Confidence

The Indian rupee gained sharply during the day after authorities took steps to control speculation in the currency market.
A stronger rupee helped improve investor confidence and supported the late recovery.

Conclusion

Despite a sharp fall in the morning, markets staged a strong comeback driven by IT stocks, bargain buying and a stronger rupee. The recovery shows that investors remain confident but global developments continue to influence short-term market movements.

Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute a personal recommendation/investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions.

Investments in the securities market are subject to market risks. Read all the related documents carefully before investing.

Published on: Apr 2, 2026, 4:13 PM IST

Kusum Kumari

Kusum Kumari is a Content Writer with 4 years of experience in simplifying financial market concepts. Currently crafting insightful content at Angel One, She specialise in breaking down complex topics into easy-to-understand pieces, blending expertise in market fundamentals and technical analysis.

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