Sensex Rises 491 Points As Markets Recover After Two Days Of Declines

On Thursday, Sensex and Nifty ended roughly 1 percent higher after sliding the previous two days, owing primarily to buying in HDFC Bank and Bajaj Finance.

The 30-share BSE Sensex soared 490.97 points or 0.69 percent to 71,847.57 points. It rose 598.19 points or 0.83 percent to 71,954.79 points during the day.

The Nifty advanced 141.25 points or 0.66 percent to 21,658.60 points.

Bajaj Finance, IndusInd Bank, Axis Bank, Tata Motors, Nestle, Power Grid, Infosys, Bajaj Finserv, and HDFC Bank were the top winners on Sensex.

Among the laggards were HCL Tech, Mahindra & Mahindra, Maruti, and Hindustan Unilever.

In Asian markets, Seoul, Tokyo, Shanghai, and Hong Kong were all concluded in red.

European stocks were trading in positive territory.

On Wednesday, the US stock markets finished lower.

Brent crude gained 0.92 percent to USD 78.97 per barrel.

According to exchange data, Foreign Institutional Investors (FIIs) sold securities worth Rs 666.34 crore on Wednesday.

On Wednesday, the BSE benchmark sank 535.88 points or 0.75 percent to 71,356.60 points, while the Nifty shed 148.45 points or 0.69 percent to 21,517.35 points.

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