Monday, May 4, 2026
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Market Bounce: Sensex jumps 800 points in pre-open as oil prices ease amid Middle East war fears

India’s stock market showed a strong rebound in early trade signals as the benchmark BSE Sensex surged nearly 800 points during the pre-opening session. The sharp rise comes after several sessions of heavy losses driven by global uncertainty and rising crude oil prices linked to escalating tensions in the Middle East. The broader market indicator, Nifty 50, had also been under sustained pressure in recent days as investors reacted cautiously to geopolitical risks involving Iran, Israel, and the United States. Analysts believe the sudden optimism may be linked to a drop in global crude prices and hopes that supply disruptions could be avoided despite tensions around the strategically vital Strait of Hormuz. Lower oil prices typically support emerging markets like India, which relies heavily on imported energy. Market experts caution that the early rally may remain volatile, as investors continue to track geopolitical developments and crude price movements. Whether the surge sustains through the full trading session will depend on global cues, oil stability, and investor confidence returning to risk assets.

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