Sensex, Nifty Rebound: Markets Recover Early Losses, Axis Bank Shines

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News18•27-01-2026, 10:15
Sensex, Nifty Rebound: Markets Recover Early Losses, Axis Bank Shines
- •Indian equity benchmarks Sensex and Nifty recovered early losses to trade higher on Tuesday morning.
- •The rebound was driven by a firm trend in global markets and buying interest in blue-chip bank stocks.
- •Axis Bank surged over 4% after reporting a 4% growth in its December quarter net profit.
- •Kotak Mahindra Bank, Mahindra & Mahindra, Maruti Suzuki, Hindustan Unilever, and ICICI Bank were among the laggards.
- •Foreign institutional investors (FIIs) offloaded equities worth Rs 4,113.38 crore on Friday.
Why It Matters: Indian stock markets recovered from an early dip, with Axis Bank leading gains, despite FII outflows.
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