Sensex, Nifty Rebound Amid Tariff Jitters, FII Outflows; Focus on EU Trade Deal, Budget

• Indian equity benchmarks Sensex and Nifty traded marginally higher, erasing early losses despite fragile sentiment.
• Buying in metal, infra, and PSU stocks helped markets turn into moderate gains from losses.
• Volatility remained elevated with India VIX jumping over 8%, indicating nervousness ahead of crucial cues.
• Adani Enterprises, Axis Bank, Adani Ports, UltraTech Cement, and Grasim led gainers on Nifty.
• FIIs continued selling equities, driven by rupee weakness, unimpressive Q3 earnings, and US-India trade deal uncertainty.

Why It Matters: Indian markets show resilience with a rebound in Sensex and Nifty despite global and domestic headwinds.