Market Rebounds: Sensex, Nifty End Losing Streak; IT, Banking Stocks Lead Gains

• Indian equity indices Sensex and Nifty broke a two-day losing streak, closing in the green on January 16.
• Large IT companies like Infosys, TCS, and Tech Mahindra, along with banking stocks such as DFC Bank and SBI, were key drivers of the rally.
• Infosys was the top gainer in Sensex, fueled by better-than-expected Q3 results and an increased revenue growth guidance.
• Experts predict Nifty has crucial support at 25,500-25,450 and resistance around 25,800, with stock-specific action expected due to Q3 results.
• Market sentiment remains cautious due to US tariffs, geopolitical tensions, and FPI selling, making Monday's trading crucial.

Why It Matters: Indian markets recovered, led by IT and banking, but future performance hinges on key support levels and global factors.