After a six-week losing streak \u2014 the longest since the COVID-led crash of 2020 \u2014 Indian equity markets staged a strong comeback on August 11, with the Sensex reclaiming the 80,000 mark and the Nifty holding above 24,600.<\/p>\n
At 3:10 pm, the Sensex was up 762 points at 80,620, while the Nifty gained 235 points to trade at 24,598. Market breadth was slightly positive, with more stocks advancing than declining.<\/p>\n
Following a steep six-week slide \u2014 partly triggered by the US President Donald Trump\u2019s 50% tariffs on Indian goods \u2014 bargain hunters stepped in.
“While momentum is still tilted downwards, the recent fall has created opportunities for a technical rebound,” said Santosh Meena of Swastika Investmart. Analysts note that the 24,200\u201324,000 zone is a critical support for Nifty, and a break above 24,590 could pave the way toward 25,000 in the near term.<\/p>\n
Asian markets traded higher on upbeat corporate earnings, while US futures edged up after Wall Street\u2019s strong close last Friday. Tech giants like Apple surged, with the Nasdaq marking a second straight record high. Investors are also watching US inflation data and geopolitical developments closely.<\/p>\n
SBI shares rose 2.2% after the bank posted a 12.5% year-on-year profit jump, led by stronger non-lending income.
Grasim Industries also gained 2.2%, supported by better-than-expected earnings and positive brokerage commentary on its chemicals business.<\/p>\n
Crude oil prices fell further, with Brent trading at $66.26 per barrel. The drop comes amid optimism over US-Russia talks scheduled for August 15, which could potentially lead to an end to sanctions and ease supply constraints.<\/p>\n
The Association of Mutual Funds in India (AMFI) reported an 81% surge in equity inflows to \u20b942,672 crore in July, marking the 53rd straight month of positive inflows. This indicates strong retail investor confidence despite recent market weakness.<\/p>\n
Also Read: NSDL Stock Falls 8% from Day\u2019s High After Record Listing Gains<\/a><\/p>\n VK Vijayakumar of Geojit Financial Services said,<\/p>\n “If Trump-Putin talks lead to an end to the Russia-Ukraine war, US sanctions on Russia could be lifted and the punitive tariffs on India reconsidered \u2014 potentially sparking a sharp market rebound.”<\/p>\n<\/blockquote>\n He also noted that while short-covering could boost markets in the near term, sustained gains will require earnings growth, which may emerge from Q3 onwards.<\/p>\n Click here to explore: Nifty50<\/a> After a six-week losing streak \u2014 the longest since the COVID-led crash of 2020 \u2014 Indian equity markets staged a strong comeback on August 11, with the Sensex reclaiming the 80,000 mark and the Nifty holding above 24,600. At 3:10 pm, the Sensex was up 762 points at 80,620, while the Nifty gained 235 points […]<\/p>\n","protected":false},"author":10,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[615],"tags":[],"ppma_author":[1386],"class_list":{"0":"post-13377","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-stock-market-news"}," _eael_post_view_count":0,"authors":[{"term_id":1386,"user_id":10,"is_guest":0,"slug":"ruchikadave","display_name":"Ruchika Dave","avatar_url":{"url":"https:\/\/trending.niftytrader.in\/wp-content\/uploads\/2025\/07\/Ruchika-Dave.jpg","url2x":"https:\/\/trending.niftytrader.in\/wp-content\/uploads\/2025\/07\/Ruchika-Dave.jpg"},"0":null,"1":"","2":"","3":"","4":"","5":"","6":"","7":""}],"_links":{"self":[{"href":"https:\/\/www.niftytrader.in\/markets\/wp-json\/wp\/v2\/posts\/13377","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.niftytrader.in\/markets\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.niftytrader.in\/markets\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.niftytrader.in\/markets\/wp-json\/wp\/v2\/users\/10"}],"replies":[{"embeddable":true,"href":"https:\/\/www.niftytrader.in\/markets\/wp-json\/wp\/v2\/comments?post=13377"}],"version-history":[{"count":2,"href":"https:\/\/www.niftytrader.in\/markets\/wp-json\/wp\/v2\/posts\/13377\/revisions"}],"predecessor-version":[{"id":13380,"href":"https:\/\/www.niftytrader.in\/markets\/wp-json\/wp\/v2\/posts\/13377\/revisions\/13380"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.niftytrader.in\/markets\/wp-json\/wp\/v2\/media\/13378"}],"wp:attachment":[{"href":"https:\/\/www.niftytrader.in\/markets\/wp-json\/wp\/v2\/media?parent=13377"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.niftytrader.in\/markets\/wp-json\/wp\/v2\/categories?post=13377"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.niftytrader.in\/markets\/wp-json\/wp\/v2\/tags?post=13377"},{"taxonomy":"author","embeddable":true,"href":"https:\/\/www.niftytrader.in\/markets\/wp-json\/wp\/v2\/ppma_author?post=13377"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}Expert View<\/h3>\n
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\nBSESensex<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"