Sensex jumps 324 points in early trade
The Hindu
The Nifty was up 94.9 points to 17,053.55 points.
Equity benchmark indices bounced back on Wednesday, April 20, 2022, after falling for five straight sessions, with the Sensex climbing 324 points in early trade, helped by recovery in Infosys and HDFC twins along with buying in Reliance Industries.
Besides, a largely positive global market trend boosted investor sentiments.
Halting its five-day fall, the BSE benchmark Sensex was trading 324.07 points higher at 56,787.22 points in opening trade. The Nifty was up 94.9 points to 17,053.55 points.
From the 30-share Sensex pack, Reliance Industries, Maruti, Wipro, TCS, Nestle, M&M and Infosys were among the early gainers. Both HDFC twins were also quoting in the green.
In contrast, Kotak Mahindra Bank, Bajaj Finance, IndusInd Bank and Larsen & Toubro were among the laggards.
On Tuesday, Sensex finished 703.59 points or 1.23 per cent lower at 56,463.15 points. NSE Nifty declined 215 points or 1.25 per cent to settle at 16,958.65 points.
Both the benchmark indices had closed in the red for the fifth straight session on Tuesday. Sensex had lost a hefty 2,984.03 points in five sessions while the Nifty shed 825.70 points.
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