💨 Abstract

Stock markets rebounded in Mumbai on Wednesday, with the Sensex closing up by 593 points, due to value buying in banking, auto and IT shares, and strong manufacturing data. This recovery occurred despite investors awaiting US tariff announcements. The Nifty also climbed 166 points. The surge was driven by the expectation that US tariffs would have minimal impact on the domestic economy, given positive India-US trade talks.

Courtesy: theprint.in

Summarized by Einstein Beta 🤖