Indian Stock Market Rebounds Amid US-Iran Tensions and Elevated Oil Prices

The Indian stock market rebounded strongly on 5-6 March 2026, with the Nifty 50 and Sensex gaining over 1%, supported by improved global cues and short-covering after recent declines. Analysts including Vaishali Parekh, Chandan Taparia, and Ajit Mishra highlighted cautious optimism amid ongoing geopolitical tensions from the US-Iran conflict and elevated crude oil prices, which continue to pressure inflation and investor sentiment. Key support and resistance levels for indices were identified, with recommendations to remain selective and manage risks carefully.