Sensex, Nifty rebound in early trade
The Hindu
Equity indices rebound in early trade on global rally, with ITC and ICICI Bank leading gains.
Equity benchmark indices rebounded in early trade on Monday (October 7, 2024) after tumbling in the previous week amid a rally in global markets, along with buying in index majors ITC and ICICI Bank.
The BSE Sensex climbed 292.29 points or 0.36% to 81,980.74 in early trade. The NSE Nifty went up by 54.55 points or 0.22% to 25,069.15.
From the 30 Sensex firms, ITC, Kotak Mahindra Bank, HCL Technologies, Infosys, ICICI Bank, Tata Consultancy Services and Bharti Airtel were the major gainers.
Titan, Adani Ports, NTPC, Power Grid and HDFC Bank were among the laggards.
In Asian markets, Tokyo, Shanghai, Hong Kong and Seoul traded higher on Monday.
The U.S. markets were ended on positive territory on Friday (October 4, 2024).
Foreign Institutional Investors (FIIs) offloaded equities worth ₹9,896.95 crore on Friday, while Domestic Institutional Investors (DIIs) bought equities worth ₹8,905.08 crore, according to exchange data.
NCLT appoints Bhoopesh Gupta as Interim Resolution Professional for Hero Electric after rejecting objections raised by the company.
Sensex and Nifty rise on bank and auto stock buying, global markets mixed, FIIs sell equities.
RBI enables UPI payments for full-KYC PPIs through third-party UPI apps, amending provisions for seamless transactions.
APSEZ orders eight harbour tugs from Cochin Shipyard worth ₹450 crore, aiming to support 'Make in India' initiative.
Osamu Suzuki, legendary Suzuki Motor leader, transformed India's auto market, passed away at 94.
UltraTech Cement acquires 8.69% stake in Star Cement for ₹851 crore, expanding its capacity through strategic acquisitions.
Zaggle Prepaid Ocean Services eyes acquisitions after raising ₹595 crore through QIP, aiming to become billion-dollar revenue company.
Tributes pour in for late former Prime Minister Dr. Manmohan Singh, hailed as visionary leader of modern India.
Sensex and Nifty rise in early trade on Friday with bank stocks leading gains amid firm Asian markets.
RBI Governor praises Dr. Manmohan Singh's economic reforms, highlighting his legacy as a visionary economist and former Prime Minister.
Rupee hits record low against dollar due to strong greenback, easing crude oil prices, and positive domestic cues.