Sensex Soars 1000 Points: India-US Trade Deal Hopes & Value Buying Fuel Recovery!

Business
M
Moneycontrol•12-01-2026, 16:07
Sensex Soars 1000 Points: India-US Trade Deal Hopes & Value Buying Fuel Recovery!
- •Indian stock markets, Sensex and Nifty, saw sharp fluctuations on January 12, initially falling before a strong recovery.
- •Sensex recovered nearly 1000 points from its day's low, closing up 302 points at 83,878; Nifty gained 107 points to 25,790.25.
- •Key reasons for the recovery include increased hopes for an India-US trade deal, spurred by US Ambassador Sergio Gor's statement.
- •Sergio Gor indicated active trade negotiations and a potential visit by US President Donald Trump to India, boosting investor confidence.
- •Value buying after a five-day continuous decline also contributed, as investors saw attractive valuations in blue-chip stocks.
Why It Matters: Sensex surged 1000 points driven by India-US trade deal optimism and strategic value buying after a market dip.
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