Group 1 - Indian equity markets experienced a rebound after three sessions of losses, with the BSE Sensex rising by 397.74 points, or 0.49%, closing at 82,307.37 [3][9] - The NSE Nifty increased by 132.40 points, or 0.53%, settling at 25,289.90, with an intraday high of 25,435.75 [5] - Key gainers included Bharat Electronics Ltd, Tata Steel, Adani Ports, State Bank of India, and Bajaj Finserv, while laggards included ICICI Bank, Maruti Suzuki India, and HDFC Bank [4][8] Group 2 - Market sentiment improved due to US President Donald Trump's withdrawal of tariff threats against the EU and positive remarks regarding a potential India-US trade deal, which encouraged risk-taking [9] - Experts noted that initial corporate earnings did not significantly support current valuation levels, but there is potential upside from robust domestic demand expected in upcoming quarterly earnings [10] - Foreign institutional investors sold equities worth Rs 1,787.66 crore, while Domestic Institutional Investors (DIIs) purchased stocks worth Rs 4,520.47 crore [11]
Sensex gains 398 points on easing of geopolitical tensions
Rediff·2026-01-22 12:05