Sensex, Nifty Rebound on US Trade Deal Hopes; Metals Lead Recovery

• Indian equity benchmarks Sensex and Nifty staged a strong intra-day recovery on Monday, January 12.
• The rebound was triggered by comments from US Ambassador Sergio Gor regarding a potential trade deal.
• Sensex closed up 302 points at 83,878, while Nifty gained 107 points to settle at 25,790.
• Metal stocks, including Coal India, Tata Steel, and Nalco, led the recovery, rallying up to 5%.
• Tejas Networks declined nearly 10% after reporting a Q3 loss of ₹196 crore.

Why It Matters: Indian markets recovered significantly due to positive US trade deal comments, with metals driving the gains.