Sensex, Nifty Rise on US-India Trade Optimism

• Indian stocks fell sharply, Sensex down 700+ points early.
• Market recovered in afternoon trading session on January 12.
• US-India trade deal talks scheduled for January 13 boosted sentiment.

Mumbai: The Indian stock market saw a rollercoaster ride on Monday, January 12, as investors reacted to both domestic and international developments. Early in the session, benchmark indices fell sharply,

with the S&P BSE Sensex dropping over 700 points and the Nifty50 dipping below 25,700.

However, the market staged a strong recovery in the afternoon. The turnaround came after reports suggested that the US and India will discuss their ongoing trade deal on Tuesday, January 13.