•Indian markets snapped a three-day losing streak, with Sensex closing 938.93 points higher at 75,502.85 and Nifty gaining 257.70 points to 23,408.80.
•The rebound was primarily driven by strong value buying emerging from lower levels across sectors like metal, auto, banks, consumer durables, and FMCG.
•HDFC Bank surged 2.9%, while Reliance Industries and ICICI Bank added 1% each; auto stocks also gained 1.7% after a tough week.
•India VIX, the volatility gauge, eased nearly 5% to trade below 22, signaling reduced selling pressure expectations in the market.
•Geopolitical relief played a role as the US plans a coalition for the Strait of Hormuz, and India-flagged LPG carriers safely crossed the key chokepoint.
