Stock Markets Rebound: Sensex, Nifty Gain; Larsen & Toubro Leads Rally
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News18•29-01-2026, 14:30
Stock Markets Rebound: Sensex, Nifty Gain; Larsen & Toubro Leads Rally
- •Benchmark equity indices Sensex and Nifty bounced back in late afternoon trade, erasing early losses.
- •Larsen & Toubro surged over 4 percent after reporting a 10 percent rise in Q3 consolidated revenue to Rs 71,450 crore.
- •The Economic Survey 2025-26 projects India's GDP growth at 6.8-7.2 percent for the next fiscal year, citing reform impacts.
- •Foreign institutional investors (FIIs) and Domestic Institutional Investors (DIIs) turned net buyers, injecting significant capital.
- •Asian markets traded higher, while US markets ended flat; Brent crude prices saw a 1.27 percent increase.
Why It Matters: Indian stock markets recovered strongly, driven by Larsen & Toubro's performance and positive economic outlook.
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