Sensex, Nifty rebound amid easing inflation, buying in bank, energy stocks
The Hindu
Benchmark indices Sensex and Nifty bounced back on January 14, 2025, after four days of sharp decline on easing retail inflation and a rebound in global markets.
Benchmark indices Sensex and Nifty bounced back on Tuesday (January 14, 2025) after four days of sharp decline on easing retail inflation and a rebound in global markets.
The 30-share BSE benchmark Sensex rose 169.62 points or 0.22% to settle at 76,499.63. During the day, it surged 505.6 points or 0.66% to 76,835.61.
The NSE Nifty climbed 90.10 points or 0.39% to 23,176.05.
Persistent selling foreign investors and rising global crude prices put pressure on indices and restricted gains, traders said.
The BSE Sensex has plunged 1,869.1 points or 2.39% in the past four trading sessions.
From the 30-share blue-chip pack, Adani Ports jumped over 5%. NTPC, Tata Steel, Bajaj Finserv, Zomato, Bajaj Finance, Tata Motors, State Bank of India, IndusInd Bank and Maruti were among the other big gainers.
From the 30-share pack, Hindustan Unilever, Titan, Tata Consultancy Services, Infosys and UltraTech Cement were the other laggards.