Indian Markets Rebound on US Trade Talk Comments Amidst Underlying Caution
4 hours agoBusiness
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Indian Markets Rebound on US Trade Talk Comments Amidst Underlying Caution

Indian equity indices Sensex and Nifty rebounded from day's lows following positive comments on trade talks from the US Ambassador to India, Sergio Gor. Gor also indicated President Trump's potential visit to India. Despite the recovery, market indicators suggest underlying caution, with resistance levels noted and a prevailing advance-decline ratio favoring sellers. Analysts attribute the bounce to short-covering in heavyweights, advising a sustained move above 25,600 for confirmation of a meaningful recovery.

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