Business

Markets Recover In Early Session As Global Rally

Equity benchmark indices Sensex and Nifty recovered in early trading on Monday, coinciding with a surge in global markets.

The 30-share BSE Sensex surged 411.15 points to 74,141.31 in early trade. The NSE Nifty soared 94.2 points to 22,514.15.

IOCL, IndusInd Bank, BPCL, ICICI Bank, Tata Steel, Zydus, Kotak Mahindra Bank, SBI Life Insurance, and Tech Mahindra were the top gainers.

Among the laggards were Apollo Hospitals, HCL Technologies, SBI Cards, DLF, Bajaj Auto, and HDFC Life Insurance.

In Asian markets, Shanghai, Tokyo, South Korea, Hong Kong, Taiwan, and Malaysia all were trading in the positive territory.

US markets concluded with gains on Friday.

Brent crude lost 0.89 percent to USD 88.70 per barrel.

According to the exchange data, Foreign Institutional Investors (FIIs) sold securities worth Rs 3,408.88 crore on Friday.

On Friday, the Sensex dipped 609.28 points or 0.82 percent to 73,730.16, while the Nifty sank 150.40 points or 0.67 percent to 22,419.95.

Also read: Markets End Five-Day Rally As Sensex Drops More Than 600 Points

Spriha Rai

Recent Posts

Maha Kumbh 2025: Ultra-Modern Cruises To Become A Key Attraction For Devotees

The Yogi Adityanath-led UP government will introduce luxury cruises to transport devotees from Kashi to…

40 minutes ago

Aam Aadmi Party Kicks Off ‘Revdi Par Charcha’ Campaign Ahead Of Delhi Elections

On Friday, AAP launched its 'Revdi Par Charcha' campaign to engage Delhi residents in the…

1 hour ago

Canada Denies Allegations Against Indian Leadership; Rejects Criminal Links

The Canadian govt addressed allegations linking Indian leaders to criminal activities, stating there is no…

2 hours ago

Delhi-NCR Faces ‘Very Poor’ Air Quality As Smog Engulfs Region

On Friday morning, Delhi-NCR's air quality was classified as 'very poor,' with a light haze…

3 hours ago

Indian Stock Market Rallies Despite Geopolitical Strains; Buoyed By Strong Domestic Sectors

The Indian stock market displayed resilience, opening on a positive note despite escalating geopolitical tensions…

5 hours ago

Reaffirming Gandhi Ji’s Global Relevance: PM Modi’s International Tributes

Prime Minister Narendra Modi continues to honor Mahatma Gandhi’s ideals beyond India’s borders. During his…

17 hours ago