Sensex Recovers 350 Pts, Nifty Near 26,150; Global Cues & Value Buying Fuel Rebound

Business
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Moneycontrol•07-01-2026, 15:51
Sensex Recovers 350 Pts, Nifty Near 26,150; Global Cues & Value Buying Fuel Rebound
- •Indian equity benchmarks Sensex and Nifty pared early losses, recovering from a two-day decline.
- •Sensex climbed 350 points from its day's low, while Nifty held near the 26,150 mark.
- •Market rebound was driven by falling crude oil prices, value buying in key sectors, and positive global cues.
- •Crude oil prices slipped after US President Donald Trump's statement on Venezuela's oil supply to the US.
- •Titan, Jio Financial Services, and Wipro were top gainers; Cipla and Tata Motors Passenger Vehicles declined.
Why It Matters: Indian markets rebounded due to lower crude prices, value buying, and positive global sentiment.
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