Dalal Street’s Comeback: Sensex Rockets 400 Points, Bulls Roar Back

Market rebounds after early jitters

After a weak start to the trading session, Indian stock markets reversed course and ended in the green. The Sensex, which had dropped over 260 points in early trade, recovered to close at 83,978.49, up 39.78 points. The Nifty also gained 41.25 points to settle at 25,763.35. Broader markets outperformed, with midcap and smallcap indices rising 0.7% each.

Key drivers behind the recovery

• The rebound was fueled by sectoral strength, global optimism, and investor appetite for value stocks. Here are the major takeaways:
• Strong buying in PSU banks and realty stocks led the recovery, with the Nifty PSU Bank index gaining nearly 7% for the week
• Positive global cues helped stabilize sentiment amid ongoing earnings season
• Value buying across sectors supported the rebound, especially in midcap and smallcap segments
• India VIX rose 4%, indicating cautious optimism and stock-specific action
• Lenskart’s IPO debut added to market buzz and investor enthusiasm

Sources: Moneycontrol, Samco.