Markets rebound in early trade after two days of fall

New Delhi: 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.

Public Sector's voice PSU Watch is now on Whatsapp Channels. Click here to join

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 percent to settle at 71,356.60 on Wednesday. The Nifty slipped 148.45 points or 0.69 percent to 21,517.35.

(PSU Watch– India's Business News centre that places the spotlight on PSUs, Bureaucracy, Defence and Public Policy is now on Google News. Click here to follow. Also, join PSU Watch Channel in your Telegram. You may also follow us on Twitter here and stay updated.)