Market Snaps 5-Day Losing Streak: Sensex Rallies 302 Pts, Nifty Nears 25,800

Business
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Moneycontrol•12-01-2026, 16:07
Market Snaps 5-Day Losing Streak: Sensex Rallies 302 Pts, Nifty Nears 25,800
- •Indian equity benchmarks ended in the green on January 12, breaking a five-day losing streak.
- •Nifty closed near 25,800 after recovering from an intraday low of 25,473.40.
- •A sharp mid-session recovery was triggered by US Ambassador Sergio Gor's comments on a potential India–US trade deal.
- •Sensex gained 301.93 points (0.36%) to 83,878.17, and Nifty rose 106.95 points (0.42%) to 25,790.25.
- •Metal index rose 2%, PSU Bank index added 0.7%, while broader markets underperformed.
Why It Matters: Indian markets rebound, snapping a five-day losing streak, driven by trade deal optimism and strong sector performance.
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