Stock market today: Nifty 50, Sensex end higher after 4-day slide; Adani stocks lead rally
Live MintIndian markets staged a notable rebound in today's trading session, January 14, after witnessing four consecutive days of selling pressure, which had pushed both frontline indices to a seven-month low in the previous trading session. Additionally, Adani Group stocks ended higher, buoyed by speculative buzz around potential fundraising plans. Selective buying in banking, telecom, auto, power and metal stocks aided positive sentiment, while broader equity markets too performed well with mid and small-cap stocks witnessing a sharp rebound.” "However, caution will continue to prevail as rupee scaling fresh lows coupled with strong FII fund outflows will remain a major deterrent for markets," Prashant added. Sectoral Performance: Metals shine, IT lags Among sectoral performers, Nifty Metal emerged as the top gainer with a 4% rise, as 14 out of 15 constituents of the index ended the session higher. Adani Stocks shine bright All 11 Adani Group stocks ended Tuesday's trading session with sharp gains on reports of fundraising plans.