Indian stock markets rebound, with Sensex and Nifty rising after five days of losses.

Indian stock markets rebounded on Monday, with the BSE Sensex gaining 498.58 points to close at 78,540.17 and the NSE Nifty up 165.95 points to 23,753.45. This recovery came after five consecutive sessions of losses, aided by positive global cues and lower-than-expected US inflation data. The realty and banking sectors performed well, while the auto sector faced pressure due to higher taxes on used vehicle sales. Despite the gains, experts remain cautious about the short-term outlook, citing a lack of new catalysts and continued FII selling.

3 months ago
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