Equity benchmark indices Sensex and Nifty rebounded in early offers on April 29 in tandem with a rally in global markets and buying in ICICI Bank and Reliance Industries.
| Photo Credit: The Hindu
Equity benchmark indices Sensex and Nifty rebounded in early offers on April 29 in tandem with a rally in global markets and buying in ICICI Bank and Reliance Industries.
The 30-share BSE Sensex jumped 411.15 factors to 74,141.31 in early trade. The NSE Nifty went up by 94.2 factors to 22,514.15.
From the Sensex basket, ICICI Bank climbed practically 2% after the corporate on April 27 stated its March quarter consolidated internet revenue grew 18.5% to ₹11,672 crore, helped by decrease provisions.
IndusInd Bank, Tech Mahindra, Maruti, Sun Pharma, Reliance Industries and Tata Steel have been the opposite main gainers.
HCL Technologies, Mahindra & Mahindra, ITC and Power Grid have been the laggards.
In Asian markets, Seoul, Shanghai and Hong Kong have been buying and selling in the constructive territory.
Wall Street ended with features on April 26.
Global oil benchmark Brent crude declined 0.89% to $88.70 a barrel.
Foreign Institutional Investors (FIIs) offloaded equities value ₹3,408.88 crore on April 26, based on change knowledge.
The BSE benchmark tanked 609.28 factors or 0.82% to settle at 73,730.16 on April 26. The NSE Nifty declined 150.40 factors or 0.67% to 22,419.95.