Sharp Recovery: Nifty Wipes Out Early Losses

On Monday, Nifty-50 rebounded sharply after an early dip of over 220 points before 9:40 AM, recovering to 24,739 by 12:40 PM—just 11 points below its previous close. (

, and among the top gainers) This strong intraday recovery was supported by multiple factors: the rupee strengthened against the US dollar, boosting investor sentiment; hopes of a rate cut ahead of the upcoming RBI policy; and India’s Q4 GDP growth at 7.4%, broadly in line with expectations. While lower than last year’s 8.4%, the data still reflects robust economic momentum. Will Nifty sustain this recovery? Markets now await RBI’s next move. Disclaimer: This post is for informational purposes only and does not constitute trading or investment advice.