Business

Markets recover in early trading following two days of declines

Following two days of declines, equity benchmark indexes rose in early trade on Tuesday, reflecting a bullish trend in global markets and buying in Reliance Industries and HDFC Bank.

In early trade, the 30-share BSE Sensex surged 268.31 points to 65,923.46. The Nifty climbed 85.1 points to 19,779.10.

JSW Steel, Tata Steel, Titan, Reliance Industries, HDFC Bank, and Infosys were the top gainers on the Sensex.

Among the laggards were Larsen & Toubro, Maruti, Nestle, and Hindustan Unilever.

In Asian markets, Seoul, Tokyo, Shanghai, and Hong Kong were all up.

On Monday, the US markets finished in the green.

Brent crude fell 0.4 percent to USD 81.96 a barrel.

According to market statistics, foreign institutional investors (FIIs) sold securities worth Rs 645.72 crore on Monday.

On Monday, the BSE benchmark slid 139.58 points, or 0.21 percent, to 65,655.15. The Nifty lost 37.80 points (0.19 percent) to 19,694.

Also read: Afghanistan experiences a 4.1-magnitude earthquake

Spriha Rai

Recent Posts

IND vs ZIM 1st T20I: New Era Begins With A 13-Run Defeat For India In Harare

Captain Gill remained at the crease, battling against the odds, and was joined by another…

3 hours ago

Future Leaders Emerge: Christ University Delhi NCR Hosts Grand 4th Convocation

Guest of Honor, Ms. Anjana Om Kashyap, lauded the university's holistic approach to education, highlighting…

4 hours ago

Two Soldiers Martyred, Four Terrorists Killed In Kulgam Encounter

Jammu and Kashmir DGP R R Swain stated on Wednesday that law-enforcement agencies and security…

5 hours ago

From Humble Beginnings To Crore-Turnover: Tejas Lengre’s Journey In Agriculture And Animal Husbandry

The story of Tejas Lengre illustrates that even without extensive education, one can achieve remarkable…

6 hours ago

1 Dead, Many Feared Trapped As 6-Storey Building Collapses In Gujarat

The police and fire department officials have rushed to the spot and are carrying out…

7 hours ago

Rahul Gandhi Jabs PM Modi In Gujarat, Says, “We Won Ayodhya, Will Defeat BJP”

Rahul Gandhi's visit and statements underscored the escalating political tensions between the Congress and BJP…

8 hours ago