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Markets rebound amid positive trend in global equities; Sensex rallies 477 points in early trade
The Hindu
NSE Nifty jumped 151.1 points to 17,189.50 points
Benchmark stock indices bounced back on Thursday with the Sensex rallying 477 points in early trade, tracking positive trend in global markets.
The 30-share BSE benchmark was trading 477.05 points higher at 57,296.44 points while the NSE Nifty jumped 151.1 points to 17,189.50 points.
Unilever Limited, Sun Pharma, Asian Paints, Infosys, Power Grid, Dr Reddy's and M&M were among the early gainers in the Sensex pack.
In contrast, HCL Technologies, Bharti Airtel, HDFC Bank, ICICI Bank, TCS and Bajaj Finance were the laggards.
Asian markets in Tokyo, Hong Kong, Shanghai, and Seoul were trading in the green in mid-session deals.
Stocks in the U.S. had ended mostly higher on Wednesday.
The Sensex tumbled 537.22 points or 0.94% to end at 56,819.39 points on Wednesday. The NSE Nifty declined 162.40 points or 0.94% to 17,038.40 points.