
Markets rebound after taking heavy beating in previous trade
The Hindu
The 30-share BSE Sensex climbed 202.72 points to 60,113.47 in early trade
Equity benchmark indices rebounded in early deals on April 18 after falling sharply in the previous trade amid strength in the U.S. markets.
The 30-share BSE Sensex climbed 202.72 points to 60,113.47 in early trade. The broader NSE Nifty gained 59.75 points to 17,766.60.
Among the Sensex firms, Tata Motors, HCL Technologies, IndusInd Bank, Maruti, Nestle, Infosys, Kotak Mahindra Bank and Bajaj Finserv were the gainers.
Power Grid, Reliance Industries, Hindustan Unilever, Titan, Bharti Airtel and ITC were among the laggards.
The wholesale price-based inflation eased to a 29-month low of 1.34% in March on easing prices of manufactured products and fuel items, even though food articles turned expensive.
March is the 10th straight month when wholesale price index (WPI) based inflation has declined.
In Asian markets, Seoul, Shanghai and Hong Kong were trading lower, while Japan quoted with gains.