Stock markets rebound in early trade; Sensex jumps 553 points
The BSE Sensex surged 553 points to 77,603.57 in early trade, while the NSE Nifty rose by 148.15 points to 24,198.40. This rebound followed a sharp decline in the previous session, driven by bank stocks and softer-than-expected U.S. inflation data, which bolstered expectations for a less aggressive monetary policy from the Federal Reserve. Market analysts anticipate continued volatility as investors react to these economic indicators.