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Sensex, Nifty Rebound on Trade-Talk Hopes After Steep Slide

Fresh signals of USIndia negotiations lifted sentiment.

Overview

  • After tumbling early, the Sensex closed up 302 points at 83,878 and the Nifty rose 107 points to 25,790, breaking a five-session losing streak.
  • Markets reversed losses after US Ambassador Sergio Gor indicated USIndia trade talks could start as early as Tuesday.
  • The session featured an intraday swing of nearly 1,100 points on the Sensex, with volatility gauges pointing higher.
  • Foreign investors remained net sellers in January with provisional outflows near Rs 11,789 crore, and uncertainty over potential US tariffs continued to curb risk-taking.
  • Attention turns to Q3 results—TCS and HCL Tech report today—along with CPI data, while traders watch Nifty support near 25,540–25,600 and resistance around 25,800–25,870.