Bulls Roar Back: Sensex Jumps 950 Points from Day's Low on HDFC Bank, India-EU Trade Deal

• The Sensex recovered 950 points from its day's low of 81,700 to close near 82,689, while Nifty bounced from 25,159 to 25,458.
• HDFC Bank played a crucial role, with significant buying in the afternoon session, acting as the primary driver for the market's recovery.
• Aggressive short covering, particularly in the banking sector and large-cap stocks, contributed to the upward momentum.
• The India-EU Trade Deal boosted market sentiment, leading to Foreign Institutional Investors (FIIs) making net purchases of ₹480 crore after weeks of selling.
• The trade deal is viewed as a significant structural positive, restoring global investor confidence in the Indian market.

Why It Matters: Indian stock market witnessed a strong recovery driven by HDFC Bank, short covering, and renewed FII confidence.