Markets Rebound: Sensex Jumps 1,000 Pts from Low on US Trade Deal Hopes

• Indian benchmark indices, Sensex and Nifty, snapped a five-day losing streak, rebounding sharply from day's lows.
• The recovery was primarily driven by comments from US Ambassador Sergio Gor regarding active engagement on a trade deal between India and the US.
• Sensex climbed 301.93 points (0.36%) to settle at 83,878.17, while Nifty edged higher by 106.95 points (0.42%) to 25,790.25.
• Bargain hunting in energy, banking, and metal shares, along with expectations of stronger Q3 earnings, also contributed to the market's positive sentiment.
• Gor also announced India's invitation to join the Pax Silica alliance and hinted at President Trump's visit to India within one to two years.

Why It Matters: Indian markets surged on US Ambassador's positive trade deal comments and bargain hunting, ending a 5-day slump.