Markets bounce back after two days of decline on firm global trends
The Hindu
Equity indices rose on Mon, tracking global markets & HDFC Bank buying. BSE Sensex up 0.17%, NSE Nifty up 0.21%. Asian markets, incl. Seoul, Tokyo, Shanghai & Hong Kong, ended with gains.
Equity benchmark indices climbed on Monday after two days of fall, tracking strength in global markets and buying in HDFC Bank.
The BSE Sensex climbed 110.09 points or 0.17% to settle at 64,996.60. During the day, it jumped 326.94 points or 0.50% to 65,213.45.
The NSE Nifty gained 40.25 points or 0.21% to end at 19,306.05.
From the Sensex pack, Larsen & Toubro, Mahindra & Mahindra, HDFC Bank, Sun Pharma, Maruti, Kotak Mahindra Bank, IndusInd Bank, Tata Steel and State Bank of India were among the gainers.
Reliance Industries, Nestle, Titan, HCL Technologies, ITC and Tata Motors were among the laggards.
In Asian markets, Seoul, Tokyo, Shanghai and Hong Kong ended with gains.
European markets were trading in the green. The U.S. markets ended in the positive territory on Friday.
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