Indian Stock Market Rebounds After Two-Day Fall
By Rediff Money Desk, MUMBAI Jan 04, 2024 10:07
Indian equity benchmarks rebounded in early trade on Thursday after falling for two consecutive days, driven by gains in Bajaj Finance and Reliance Industries.
![Indian Stock Market Rebounds After Two-Day Fall](https://im.rediff.com/money/2019/jan/01sensex.jpg)
Mumbai, Jan 4 (PTI) Equity benchmark indices rebounded in early trade on Thursday after falling in the past two days amid buying in Bajaj Finance and Reliance Industries.
The 30-share BSE Sensex jumped 351.88 points to 71,708.48 in early trade. The Nifty climbed 99 points to 21,616.35.
Among the Sensex firms, Bajaj Finance, NTPC, Bajaj Finserv, Tata Motors, Power Grid, Infosys, Mahindra & Mahindra, Nestle, Titan and Reliance Industries were the major winners.
HCL Tech, Tata Steel, Maruti and Bharti Airtel were among the laggards.
In Asian markets, Seoul, Tokyo, Shanghai and Hong Kong were quoting in the negative territory.
The US markets ended lower on Wednesday.
Global oil benchmark Brent crude climbed 0.27 per cent to USD 78.46 a barrel.
Foreign Institutional Investors (FIIs) offloaded equities worth Rs 666.34 crore on Wednesday, according to exchange data.
The BSE benchmark fell by 535.88 points or 0.75 per cent to settle at 71,356.60 on Wednesday. The Nifty slipped 148.45 points or 0.69 per cent to 21,517.35.
The 30-share BSE Sensex jumped 351.88 points to 71,708.48 in early trade. The Nifty climbed 99 points to 21,616.35.
Among the Sensex firms, Bajaj Finance, NTPC, Bajaj Finserv, Tata Motors, Power Grid, Infosys, Mahindra & Mahindra, Nestle, Titan and Reliance Industries were the major winners.
HCL Tech, Tata Steel, Maruti and Bharti Airtel were among the laggards.
In Asian markets, Seoul, Tokyo, Shanghai and Hong Kong were quoting in the negative territory.
The US markets ended lower on Wednesday.
Global oil benchmark Brent crude climbed 0.27 per cent to USD 78.46 a barrel.
Foreign Institutional Investors (FIIs) offloaded equities worth Rs 666.34 crore on Wednesday, according to exchange data.
The BSE benchmark fell by 535.88 points or 0.75 per cent to settle at 71,356.60 on Wednesday. The Nifty slipped 148.45 points or 0.69 per cent to 21,517.35.
DISCLAIMER - This article is from a syndicated feed. The original source is responsible for accuracy, views & content ownership. Views expressed may not reflect those of rediff.com India Limited.
You May Like To Read
TODAY'S MOST TRADED COMPANIES
- Company Name
- Price
- Volume
- GTL Infrastructure
- 2.74 (+ 2.62)
- 84886833
- Srestha Finvest
- 2.24 (+ 4.67)
- 34707853
- Ola Electric Mobilit
- 132.76 (+ 19.99)
- 27685743
- Suzlon Energy Ltd.
- 79.93 (+ 4.10)
- 27308498
- IFL Enterprises
- 1.22 (+ 4.27)
- 24757806
MORE NEWS
![Sebi Eases...](https://im.rediff.com/80-80/money/2024/aug/10sebi1.jpg)
Sebi Eases Compliance for Listed NCDs - New...
Sebi proposes amendments to simplify compliance requirements for entities with listed...
![Chandrasekaran:...](https://im.rediff.com/80-80/news/2018/jan/04modi.jpg)
Chandrasekaran: Learn From Indian Wisdom &...
Tata Group Chairman N Chandrasekaran emphasizes the importance of learning from Indian...
JSW Cement Files IPO Papers to Raise Rs 4,000...
JSW Cement has filed draft papers with Sebi for an IPO to raise Rs 4,000 crore. The IPO...