Sensex, Nifty Rebound from Sharp Losses as Value Buying Lifts Sentiment; All Eyes on Fed Policy, Data Ahead

Indian equity markets bounced back from significant losses as value buying lifted investor sentiment, helping the Sensex and Nifty recover from early declines. On Friday, the benchmark Sensex surged by 500 points, closing at 65,000, while the Nifty gained 150 points, settling just above the 19,200 mark.

The recovery came after a period of sharp losses earlier in the week, driven by concerns over global economic slowdowns and rising bond yields. However, investors seized the opportunity to buy stocks at attractive prices, particularly in sectors like banking, energy, and metals, which witnessed a surge in demand.

Analysts suggest that the rebound was also fueled by a positive outlook on corporate earnings and expectations of further stimulus measures in major economies. "The market has been oversold, and as the prices of many stocks became more attractive, value buying emerged as a key driver," said a market expert.

As the Indian market recovers, all eyes are now on the Federal Reserve's upcoming policy decision and key economic data expected in the coming weeks. Analysts are closely watching the US central bank's stance on interest rates, which will be crucial for global market sentiment. Any signals of a dovish policy shift or strong economic data could further fuel investor optimism in global markets, including India.

With the focus now shifting towards the Fed’s next steps and the impact of economic data, Indian investors remain cautious but hopeful that the rebound could gain further momentum in the coming days.