Markets rebound in early commerce after two days of fall
MUMBAI: Equity benchmark indices rebounded in early commerce on Tuesday after two days of decline, mirroring a bullish development in international markets together with shopping for in Reliance Industries and HDFC Bank.
The 30-share BSE Sensex climbed 268.31 factors to 65,923.46 in early commerce. The Nifty went up by 85.1 factors to 19,779.10.
Among the Sensex companies, JSW Steel, Tata Steel, Titan, Reliance Industries, HDFC Bank and Infosys have been the most important gainers.
Larsen & Toubro, Maruti, Nestle and Hindustan Unilever have been among the many laggards.
In Asian markets, Seoul, Tokyo, Shanghai and Hong Kong have been buying and selling with positive factors.
The US markets ended within the optimistic territory on Monday.
“The global cues are supportive. The softening US bond yields (the 10-year yield is at 4.41 per cent) will provide the big global macro backdrop for a market rally,” VK Vijayakumar, chief funding strategist at Geojit Financial Services, stated.
Global oil benchmark Brent crude declined 0.44 per cent to $81.96 a barrel.
Foreign Institutional Investors (FIIs) offloaded equities price Rs 645.72 crore on Monday, in keeping with alternate knowledge.
The BSE benchmark declined 139.58 factors or 0.21 per cent to settle at 65,655.15 on Monday. The Nifty slipped 37.80 factors or 0.19 per cent to 19,694.
The 30-share BSE Sensex climbed 268.31 factors to 65,923.46 in early commerce. The Nifty went up by 85.1 factors to 19,779.10.
Among the Sensex companies, JSW Steel, Tata Steel, Titan, Reliance Industries, HDFC Bank and Infosys have been the most important gainers.
Larsen & Toubro, Maruti, Nestle and Hindustan Unilever have been among the many laggards.
In Asian markets, Seoul, Tokyo, Shanghai and Hong Kong have been buying and selling with positive factors.
The US markets ended within the optimistic territory on Monday.
“The global cues are supportive. The softening US bond yields (the 10-year yield is at 4.41 per cent) will provide the big global macro backdrop for a market rally,” VK Vijayakumar, chief funding strategist at Geojit Financial Services, stated.
Global oil benchmark Brent crude declined 0.44 per cent to $81.96 a barrel.
Foreign Institutional Investors (FIIs) offloaded equities price Rs 645.72 crore on Monday, in keeping with alternate knowledge.
The BSE benchmark declined 139.58 factors or 0.21 per cent to settle at 65,655.15 on Monday. The Nifty slipped 37.80 factors or 0.19 per cent to 19,694.