Tue Jan 07 08:11:07 UTC 2025: ## Indian Stock Market Rebounds After Sharp Decline

**Mumbai, January 7, 2025** – India’s stock market experienced a significant rebound this morning, following a sharp decline on Monday, January 6th. Both the benchmark indices, BSE Sensex and NSE Nifty, opened in the green. In early trading, the Sensex surged 422.62 points to 78,387.61, while the Nifty climbed 160.2 points to 23,776.25. However, Zomato shares experienced a 4% drop at the opening bell.

Monday saw a dramatic reversal, with the market opening higher before a significant downturn. The Sensex closed 1,258.12 points (1.58%) lower at 77,964.99, and the Nifty fell 388.70 points (1.61%) to 23,616.05. While several Sensex companies like Titan, Adani Ports, IndusInd Bank, ICICI Bank, Reliance Industries, Asian Paints, Power Grid, and Tata Motors saw gains, Zomato was the sole significant loser.

The decline followed several factors (details not provided in this summary but available in the original text). Asian markets showed a mixed performance, with South Korea’s Kospi and Japan’s Nikkei rising, while China’s Shanghai Composite and Hong Kong’s Hang Seng fell. US markets closed positively on Monday. Brent crude oil fell 0.14% to $76.19 per barrel. Foreign Institutional Investors (FIIs) were net sellers, offloading shares worth ₹2,575.06 crore on Monday.

**(Note: The unrelated political news about Congress’s protest against a BJP MP’s statement on free food in Shirdi has been excluded from this news article focusing solely on the stock market.)**

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