The Trump candle: This Sergio Gor remark brought 700-point recovery in Sensex within an hour
Business
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Moneycontrol12-01-2026, 13:43

Trump Candle Effect: Sergio Gor's Remark Triggers 700-Point Sensex Recovery

  • Indian stock markets, including Sensex and Nifty 50, saw a sharp 700-point recovery on January 12.
  • The recovery was triggered by US Ambassador to India, Sergio Gor's, positive remarks on the India-US trade deal.
  • Gor stated that there is "no partner more essential than India" to the US and confirmed active engagement on the trade deal.
  • He also mentioned President Donald Trump's potential visit to India within 1-2 years, boosting market sentiment.
  • Broader markets, including Nifty Midcap 100, Nifty Smallcap 100, and Bank Nifty, also staged a partial recovery.

Why It Matters: US Ambassador's positive comments on India-US trade deal spurred a significant Sensex recovery.

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