Benchmark equity indices rebounded in early trade on Monday in tandem with a rally in Asian markets along with buying in blue chip firms HDFC Bank and Reliance Industries.
The 30-share BSE Sensex jumped 503.47 points to 71,204.14 points in the early trade. Nifty climbed 178.55 points to 21,531.15 points.
Among the Sensex firms, Sun Pharma, Axis Bank, Kotak Mahindra Bank, Power Grid, Larsen and Toubro, NTPC, ICICI Bank, HDFC Bank, and Reliance Industries were the major gainers.
JSW Steel, Infosys, ITC and Mahindra And Mahindra were among the laggards.
In Asian markets, Seoul, Tokyo, Shanghai and Hong Kong were trading in the positive territory. The US markets had ended on a mixed note on Friday.
Global oil benchmark Brent crude climbed 0.51 per cent to USD 83.98 a barrel.
Markets were closed on Friday on account of Republic Day. On Thursday, Sensex declined 359.64 points or 0.51 percent to settle at 70,700.67 points while Nifty fell 101.35 points or 0.47 per cent to 21,352.60 points.
Foreign Institutional Investors (FIIs) offloaded equities worth Rs 2,144.06 crore on Thursday, according to exchange data.
PTI
Also Read: ‘Aaya Kumar, Gaya Kumar’:Congress Leader Jairam Ramesh takes a dig at Nitish Kumar
Redmi to launch K90 Pro Max 5G in China on October 23 with Bose audio…
At Delhi’s Nizamuddin Dargah, the Muslim Rashtriya Manch’s ‘Jashn-e-Chiragh’ marked Dhanteras with prayers for peace…
PIB issues a warning over fraudulent SMS asking users to update delivery addresses within 12…
Dr Manan Vora highlights eight common daily habits, from late-night meals to prolonged sitting, that…
Gastroenterologist Dr Shubham Vatsya warns that overindulging in sweets can accelerate ageing and health risks,…
Zoravar Singh Sandhu wins trap bronze at ISSF 2025, earning Doha World Cup Final spot;…