Indian Markets Rebound on Trade Talk Hopes, Then Face Volatility
5 hours agoBusiness
28LENS
25 SourcesPowai, India
TBNthebalanced.news
Indian Markets Rebound on Trade Talk Hopes, Then Face Volatility

Indian equity markets experienced volatility, snapping a five-day losing streak on Monday following optimistic remarks from the new US Ambassador regarding upcoming trade talks. The Sensex and Nifty saw significant intraday rebounds, closing with modest gains. However, early Tuesday saw a reversal with indices trading lower, influenced by profit booking, foreign outflows, and weakness in sectors like auto and pharma, despite some IT and metal stocks showing strength.

Political Bias
33%33%34%
Sentiment
48%