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Sensex Rebounds 650 Points From Day’s Low, Nifty Reclaims 25,500: Here’s What Drove The Sharp Recovery
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The benchmark equity indices staged a strong comeback on Friday, recovering from early losses as value buying in select sectors
Stock Market Today.
Stock Market Today: The benchmark equity indices staged a strong comeback on Friday, recovering from early losses as value buying in select sectors and upbeat global cues lifted investor sentiment.
After two consecutive sessions of declines, the Sensex opened on a weak note and slumped 631.93 points to 82,679.08 in early trade. The broader Nifty also dropped 184.55 points to 25,325.15. However, buying interest picked up by late morning, helping the Sensex recover more than 600 points to trade at 83,336.06, up 25.05 points or 0.03 percent, while the Nifty climbed above the 25,500 mark to 25,537.95 around 1:30 p.m.
Among the Nifty50 stocks, Shriram Finance, Adani Enterprises, and Bajaj Finance led the gainers, rising up to 3 per cent. On the other hand, Bharti Airtel and InterGlobe Aviation were among the top laggards, slipping as much as 4 per cent.
Key Factors Behind the Market Recovery
1) Value Buying:
Investors engaged in value buying across banking, financial services, and metal counters after recent corrections, providing strong support to the benchmark indices.
2) Trump Hints at India Visit:
US President Donald Trump on Thursday praised Prime Minister Narendra Modi, calling him “a great man” and “a friend,” while hinting at a possible visit to India next year to boost bilateral trade ties. The comments lifted market sentiment amid hopes of an early resolution to trade tariff issues.
3) Firm Global Cues:
Global markets also lent support, with Wall Street futures edging higher around noon India time, indicating a positive start for US equities later in the day. The improvement in global risk appetite added to the momentum in domestic markets.
Aparna Deb is a Subeditor and writes for the business vertical of News18.com. She has a nose for news that matters. She is inquisitive and curious about things. Among other things, financial markets, economy, a…Read More
Aparna Deb is a Subeditor and writes for the business vertical of News18.com. She has a nose for news that matters. She is inquisitive and curious about things. Among other things, financial markets, economy, a… Read More
November 07, 2025, 10:06 IST
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