Sensex, Nifty End 5-Day Losing Streak; Metal, PSU Bank Lead Gains

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Moneycontrol•12-01-2026, 16:15
Sensex, Nifty End 5-Day Losing Streak; Metal, PSU Bank Lead Gains
- •Indian equity indices Sensex and Nifty closed positively on January 12th, breaking a five-day losing streak.
- •Sensex rose by 301.93 points (0.36%) to 83,878.17, and Nifty gained 106.95 points (0.42%) to 25,790.25.
- •Metal index surged 2%, PSU Bank 0.7%, and FMCG 0.6%; Capital Goods, Pharma, Media, Realty declined.
- •Market sentiment improved due to positive comments on US-India trade deal and value buying in oversold segments.
- •Experts suggest buying on dips for day traders, with Nifty support at 25,650/25,600 and resistance at 25,900-25,950.
Why It Matters: Indian markets rebounded, ending a five-day losing streak, driven by trade deal optimism and value buying.
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