Stock markets staged a recovery on Thursday, bouncing back from early losses with support from IT stocks and a notable strengthening of the rupee. The BSE Sensex was up by 0.11% at 73,215.15, while the Nifty 50 recovered from intraday losses to close down by just 0.04% at 22,670.30. Earlier declines were triggered by global tensions following comments from US President Donald Trump. The market sentiment improved as the session progressed, driven by a significant rebound in the Indian rupee, which gained nearly 2% against the US dollar. IT stocks led the market bounce, with the Nifty IT index rising by about 2.4%. Notable gainers included HCLTech, Tech Mahindra, Infosys, and TCS. While the market showed signs of recovery, the broader trend remains weak for the week, with benchmark indices down by about 0.6% and facing a potential sixth consecutive week of losses. Despite the positive movement, overall market pressure persists, with most sectors still in the red during the session. Volatility is expected to remain high, with market direction likely to be influenced by global developments, currency fluctuations, and upcoming earnings reports in the near term.