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Markets Bounce Back After Early Dip, Sensex Jumps To 78,821 & Nifty Hits 24,443

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Indian markets recovered strongly after early losses, with Sensex rising 327 points to 78,821 and Nifty gaining 89 points to 24,443.

 Indian stock markets saw high volatility on Monday but ended the session on a strong note. The BSE Sensex climbed 327 points to 78,821, while the Nifty 50 rose 89 points to 24,443. The day started weak. Nifty opened around 24,320 and slipped to near 24,280 in early trade due to selling pressure. However, the mood quickly changed as investors started buying at lower levels.After the early dip, markets saw solid recovery. By mid-morning, Nifty moved above 24,390 and later touched levels near 24,470–24,485.Banking stocks and large-cap companies played a key role in this recovery. Investors showed confidence by buying quality stocks when prices fell, which helped the market bounce back.One of the biggest triggers for the recovery was crude oil movement. At one point, oil prices had surged more than 8 percent, raising concerns. But later, the rise cooled to around 5 percent. Hope Around US-Iran Ceasefire: Markets are closely watching the April 22 ceasefire deadline between the US and Iran. While tensions remain, investors expect the situation will not worsen sharply. This kept panic selling under control. Continued FII Buying: Foreign investors supported the rally. On April 17, FIIs bought shares worth Rs 683 crore. Over the last three sessions, they have invested around Rs 4,600 crore, boosting market confidence. Strong Technical Support: Nifty held its key support at 24,250 and stayed above 24,300. This indicates strength in the short-term trend.This easing reduced fear in the market, as high crude prices can hurt economies like India. Lower pressure from oil helped investors stay positive.

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