Stock markets rebound in early trade after two days of losses on buying in IT firms

Stock markets in India have rebounded in early trade, ending a two-day losing streak. This rebound is largely attributed to buying in IT firms, which have been a key driver of the market's growth. The 30-share BSE Sensex has climbed 245.56 points to 77,191.80, indicating a positive start to the day. This recovery is significant for the market as it suggests that investors are still optimistic about the sector's prospects, despite recent losses.

Why it matters

The rebound in stock markets is due to buying in IT firms, which could lift investor sentiment. This could lead to increased investment in the Indian market.

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