Nifty Rebounds Above 25,750; Metals Lead, Nalco Surges on Trade Deal Hopes

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CNBC TV18•12-01-2026, 16:18
Nifty Rebounds Above 25,750; Metals Lead, Nalco Surges on Trade Deal Hopes
- •Indian markets staged a strong intraday rebound, with Nifty closing above 25,750 and Sensex gaining 302 points.
- •Positive cues from US Ambassador Sergio Gor's comments on a potential trade deal fueled the recovery.
- •Metals sector outperformed significantly, with Tata Steel, Nalco, and Hindustan Copper rallying up to 5%.
- •Shakti Pumps surged 5% on a ₹654 crore order from KREDL, and IREDA rose 4% after strong Q3 net profit.
- •Tejas Networks slumped nearly 10% following a ₹196 crore loss in the December quarter.
Why It Matters: Indian markets rebounded strongly, driven by positive trade deal sentiment and robust metal sector performance.
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