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Indian equities rebound sharply after early selloff on trade cues
Indian markets staged a sharp intraday recovery after US trade signals improved sentiment, offsetting early losses despite tariff and geopolitical concerns.
Indian equity markets reversed steep intraday losses after early selling pressure, as comments from US Ambassador Sergio Gor indicated that India US trade discussions could resume by January 13. The Sensex recovered more than 1,000 points from the day’s low, erasing a near 700 point decline. Investor sentiment improved despite lingering tariff concerns related to Iran trade and broader geopolitical risks. Diplomatic optimism drove a benchmark rebound.