Markets Rebound On Softening Crude Oil Prices; Sensex Jumps 790 Points
Mumbai: Benchmark equity indices Sensex and Nifty rebounded nearly 1 per cent on Wednesday after falling sharply in the previous session, propelled by softening crude oil prices and hectic buying in bank, financial and IT shares.The 30-share BSE Sensex jumped 790.54 points, or 1.04 per cent, to settle at 76,991.22. During the day, it surged 989.69 points, or 1.29 per cent, to 77,190.37. The 50-share NSE Nifty climbed 197.55 points, or 0.83 per cent, to end at 24,021.65.The 30-share BSE Sensex jumped 790.54 points while the 50-share NSE Nifty climbed 197.55 points (ETV Bharat)
From the Sensex pack, InterGlobe Aviation, Trent, Tech Mahindra, Bajaj Finance, ICICI Bank, Infosys, HDFC Bank and Tata Consultancy Services were among the major winners.In contrast, NTPC, Tata Steel, Maruti and Bharat Electronics were among the laggards. Brent crude, the global oil benchmark, dropped 1.69 per cent to USD 75.78 per barrel. Foreign Institutional Investors (FIIs) bought equities worth Rs 17.86 crore on Tuesday, according to exchange data.
From the Sensex pack, InterGlobe Aviation, Trent, Tech Mahindra, Bajaj Finance, ICICI Bank, Infosys, HDFC Bank and Tata Consultancy Services were among the major winners.In contrast, NTPC, Tata Steel, Maruti and Bharat Electronics were among the laggards. Brent crude, the global oil benchmark, dropped 1.69 per cent to USD 75.78 per barrel. Foreign Institutional Investors (FIIs) bought equities worth Rs 17.86 crore on Tuesday, according to exchange data.