Stock markets rebound in early trade after two days of slump PSU WATCH
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Stock markets rebound in early trade after two days of slump

The 30-share BSE Sensex climbed 259.31 points, or 0.31 percent, to 84,925.59 in early trade

PTI

New Delhi: Equity benchmark indices Sensex and Nifty rebounded in early trade on Wednesday after two days of sharp decline amid value-buying at lower levels. The 30-share BSE Sensex climbed 259.31 points, or 0.31 percent, to 84,925.59 in early trade. The 50-share NSE Nifty went up by 64.65 points, or 0.25 percent, to 25,904.30.

Among the Sensex constituents, Adani Ports, Bajaj Finserv, Kotak Mahindra Bank, Mahindra & Mahindra, Tata Steel, Trent, ITC, Tata Motors Passenger Vehicles, HCL Technologies, Reliance Industries, Tech Mahindra and UltraTech Cement were the gainers.

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However, Eternal, Sun Pharmaceuticals, Titan, Bharti Airtel and Infosys were among the laggards.

Wall Street broadly ended lower in overnight deals on Tuesday.

Brent crude, the global oil benchmark, rose 0.15 per cent to USD 62.03 per barrel.

On Tuesday, the 30-share BSE Sensex dropped 436.41 points to close at a nearly two-week low of 84,666.28. The 50-share NSE Nifty dropped by 120.90 points to settle at 25,839.65.

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