Indian markets rebounded strongly on Friday, driven by buying across sectors, with IT, banking, and Reliance Industries leading the rally. The S&P BSE Sensex rose 2.54% to 79,117.11, while the Nifty closed up 2.39% at 23,907.25.

India markets fell sharply on Thursday while recovering some losses towards the end. This was mainly due to a sell-off in Adani Group stocks following an indictment of Gautam Adani and several others in a $250 million bribery case, Sensex closed at 77,155, down by 422 points while the broader Nifty50 finished at 23,349, lower by 168.60 points

After surging over 1,000 points intraday, Sensex settled just 200 points higher on Tuesday, while the Nifty50 closed above the 23,500 mark. Gains in HDFC Bank and Mahindra and Mahindra drove the indices, with analysts attributing the rise to a short-term relief rally.

Sensex and Nifty50 closed lower on Thursday, led by declines in FMCG and energy stocks. Markets will be closed on Friday for Guru Nanak Jayanti.

Indian stock markets experienced a significant drop on Wednesday, with the Sensex plummeting over 980 points and the Nifty falling below 23,600. Here are the top factors behind today's sell-off:

Sharp declines in Asian stocks, especially in China and semiconductor shares, amid concerns over Trump’s policies. Meanwhile, optimism around Trump’s potential tax cuts pushed Bitcoin to a record high of $89,637.

The markets kept on swinging intraday but ended flat at closing. The NSE Nifty 50 fell by 0.03% to 24,141, while the BSE Sensex dipped 0.01% to 79,496. The Nifty Healthcare was in red today while Nifty IT stood in green.

The Sensex gave up almost all the gains made in the last session, and fell 836 points, while the Nifty ended near the 24,200 level.

Oil prices declined by 2% as the U.S. dollar strengthened following projections of Donald Trump’s potential win in the presidential race.

Sensex rose by 694 points (0.88%) to close at 79,476, while Nifty increased by 218 points (0.91%) to end at 24,213, despite a volatile session with intraday dips of 0.6%.

Benchmark BSE Sensex fell over 900 points, while Nifty50 closed below the 24,000 level on Monday, weighed down by uncertainty around the hotly-contested US presidential election, while volatility spiked to a three-month high.