Markets Rebound: Nifty Nears 25,300 After 3-Day Slide, Global Cues Boost Sentiment

• Indian equity indices saw a strong bounce back on January 22, ending a three-day decline, driven by positive global cues after US President Donald Trump withdrew tariff threats against European partners.
• The Nifty closed at 25,289.90, up 132.40 points (0.53%), while the Sensex gained 397.74 points (0.49%) to 82,307.37.
• Broader markets outperformed benchmarks, with BSE midcap and smallcap indices rising over 1% each; FMCG, power, metal, media, PSU Bank, and pharma sectors saw 1-2% gains.
• Top Nifty gainers included Dr Reddy's Labs, Bharat Electronics, Adani Ports, Adani Enterprises, and Tata Steel, while SBI Life Insurance, Eternal, Eicher Motors, Titan Company, and Max Healthcare were among the losers.
• Technical analysts suggest near-term volatility; Nifty needs to sustain above 25,500 for a bottom reversal, with support around 25,125 and resistance at 25,480–25,500.

Why It Matters: Indian markets rebounded strongly, ending a three-day losing streak, fueled by positive global developments and broad-based buying.