Sensex rebounds 367 points, Nifty settles above 19,750 on firm global trends
The Hindu
BSE Sensex jumped 367.47 points or 0.56% to settle at 66,527.67, while NSE Nifty climbed 107.75 points or 0.55% to end at 19,753.80
Benchmark equity indices Sensex and Nifty closed over half a% higher on July 31, snapping their two-day falling streak on buying in index majors Reliance Industries and Tata Consultancy Services and firm global trends.
The 30-share BSE Sensex jumped 367.47 points or 0.56% to settle at 66,527.67. The index opened lower but later rebounded from early lows and hit a high of 66,598.42 as power, oil, IT and FMCG shares advanced.
The NSE Nifty climbed 107.75 points or 0.55% to end at 19,753.80.
From the Sensex pack, NTPC jumped nearly 4% after the company posted over 23% rise in consolidated net profit in the April-June quarter of 2023-24.
Power Grid, Tech Mahindra, Tata Steel, Tata Consultancy Services, Wipro, Maruti and JSW Steel were among the other major gainers.
Also read: Rupee ends almost flat ahead of key U.S. data sets; falls in July
Bajaj Finance, Kotak Mahindra Bank, Hindustan Unilever, ITC, Bharti Airtel and Asian Paints were among the laggards.
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