Indian stock markets ended Monday’s session on a positive note, snapping a five-day losing streak after comments from a US envoy raised hopes of renewed trade discussions between India and the United States.
The benchmark Nifty 50 closed 0.42% higher at 25,790.25, while the Sensex gained 0.36% to finish at 83,878.17. Earlier in the day, both indices had slipped nearly 0.8%, continuing last week’s weak momentum when markets fell about 2.5%—their worst weekly performance in over three months.
Sentiment improved after newly appointed US ambassador to India Sergio Gor said New Delhi and Washington would hold talks on trade issues in a scheduled call on Tuesday. The remarks come amid ongoing uncertainty after trade negotiations stalled last year and as the US imposed tariffs of up to 50% on Indian goods. Former US President Donald Trump has also warned of even steeper tariffs.
Market experts remain cautious.
Dharmesh Kant, Head of Equity Research at Cholamandalam Securities, said the recovery needs to be watched closely, noting that last week’s sharp correction came despite healthy business updates from several companies.
Sector-wise performance
11 of the 16 major sectoral indices ended in the green
Financial stocks led the rebound, rising 0.5% after being in negative territory earlier
Midcap stocks slipped 0.1%, while smallcaps declined 0.5%
Among major stocks, Reliance Industries recovered to close 0.5% higher after falling sharply last week. The stock had dropped over 7% after the company said it did not expect Russian oil supplies this month.
On the downside, Tejas Networks plunged nearly 9.5% after reporting a quarterly loss. SignatureGlobal fell 5.2% after cautioning that it may miss its pre-sales target for FY26.
Investors are now awaiting India’s inflation data, due later in the day, which could provide fresh direction to the markets. Attention is also on upcoming quarterly earnings from IT giants Tata Consultancy Services (TCS) and HCL Technologies, expected to influence sentiment in the coming sessions.
