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Late-session buying lifts Nifty back above 25,900 despite global headwinds
Indian markets rebounded late as Nifty reclaimed 25,900, though rupee weakness, rising yields, and upcoming US data continued to limit broader upside momentum.
Indian equity markets recovered from early losses as the Nifty climbed back above 25,900, ending a three-session decline. Initial pressure came from rising US bond yields, firm crude oil prices, and a weakening rupee, which hit fresh lows during intraday trade. Investors remained cautious ahead of key US retail sales data and developments in India-US trade negotiations, while the Sensex had fallen nearly 300 points earlier amid global volatility.