On January 7, 2025, Indian equity indices experienced a recovery after a steep decline the previous day. The Sensex rose by 234.12 points, or 0.30%, to close at 78,199.11, while the Nifty gained 91.85 points, or 0.39%, settling at 23,707.90. This rebound was supported by gains in the energy and financial sectors, with Reliance Industries and Tata Motors among the top performers. The broader market also showed strength, with the Nifty Midcap 100 index advancing. The recovery followed a significant drop of 1.5% on January 6, attributed to foreign portfolio investor selling, weak bank updates, and concerns over a human metapneumovirus outbreak. Market sentiment remains cautious as investors focus on upcoming earnings reports and economic indicators, particularly the FY25 GDP estimates. In the U.S., stocks closed lower with the S&P 500 down 1.1% and the Nasdaq falling 1.9%, reflecting ongoing market volatility amid economic uncertainties.