Buy or sell stocks, Jan. 13 -- After witnessing profound weakness, the Indian stock market staged a strong rebound on Monday. The key benchmark indices snapped a five-day losing streak and finished higher on optimism surrounding the India-US trade deal. The Nifty 50 index gained 106 points and closed at 25,790, the BSE Sensex shot up 301 points and closed at 83,878, while the Bank Nifty index finished 198 points higher at 59,450.
Sectoral performance was mixed, with realty and pharma under pressure, while buying interest emerged later in the session in metals, financials, and FMCG stocks, which helped stabilise the market. Mid-cap and small-cap indices also recovered from early weakness to end broadly flat.
Vaishali Parekh, Vice Preside...
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