Tue Jan 14 05:00:45 UTC 2025: ## Indian Markets Rebound After Four-Day Slump
**Mumbai, January 14, 2025** – Indian benchmark indices, the Sensex and Nifty, rebounded sharply on Tuesday, recovering from a four-day decline fueled by value buying and positive Asian market trends. The Sensex surged 449.48 points to 76,779.49, while the Nifty climbed 141.25 points to 23,227.20. This follows a significant drop of 1,869.1 points (2.39%) over the previous four trading sessions.
The rebound comes despite Foreign Institutional Investors (FIIs) offloading equities worth ₹4,892.84 crore on Monday. While some analysts see this as a short-term bounce due to oversold conditions, others remain cautious about the sustainability of the upturn.
HCL Technologies’ stock slumped over 9% following the release of its December quarter earnings, which underwhelmed investors despite a 5.54% increase in net profit to ₹4,591 crore. Other laggards included Tech Mahindra, Infosys, Hindustan Unilever, Tata Consultancy Services, and Nestle. Conversely, NTPC, Zomato, IndusInd Bank, Tata Motors, Adani Ports, and Bajaj Finance were among the gainers.
Asian markets, with the exception of Tokyo, showed positive trading, while US markets ended on a mixed note. Brent crude dipped slightly to $80.74 a barrel. The previous day’s closing figures saw the Sensex down 1,048.90 points (1.36%) at 76,330.01, and the Nifty down 345.55 points (1.47%) at 23,085.95.
First Piper 