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Market Benchmarks Rebound After Two-Day Slump As Infosys Rallies
Kashmir Observer
|JANUARY 17, 2026 ISSUE
Equity benchmark indices Sensex and Nifty bounced back on Friday after a two-day decline, supported by buying in market heavyweights Infosys, HDFC Bank and TCS shares, shrugging off US tariff woes amid mixed global trends.
However, a depreciating rupee, spike in international crude prices and unrelenting foreign fund outflows capped the gains, traders said.
In a choppy session, the 30-share BSE Sensex climbed 187.64 points, or 0.23 per cent, to settle at 83,570.35. During the day, it jumped 752.26 points, or 0.90 per cent, to 84,134.97.
The 50-share NSE Nifty rose 28.75 points, or 0.11 per cent, to 25,694.35.
This story is from the JANUARY 17, 2026 ISSUE edition of Kashmir Observer.
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