Sensex rebounds in early commerce, jumps 591 factors

Kaumi GazetteBusiness19 November, 20248.2K Views

The bull statue on the Bombay Inventory Alternate constructing, in Mumbai. File picture
| Photograph Credit score: PTI

Fairness benchmark indices Sensex and Nifty bounced again in early commerce on Tuesday (November 19, 2024) after days of downtrend on value-buying at decrease ranges together with shopping for in blue-chip shares Reliance Industries and Tata Consultancy Providers.

Agency international traits and steady shopping for by home institutional buyers additionally added to markets’ rebound.

The BSE benchmark Sensex jumped 591.19 factors to 77,930.20 in early commerce. The NSE Nifty surged 188.5 factors to 23,642.30.

From the 30-share Sensex pack, Mahindra & Mahindra, Adani Ports, Tata Motors, Infosys, Tata Consultancy Providers, UltraTech Cement, Tech Mahindra and Reliance Industries have been the largest gainers.

Bajaj Finserv and Kotak Mahindra Financial institution have been the laggards.

International Institutional Buyers (FIIs) offloaded equities value ₹1,403.40 crore on Monday, whereas Home Institutional Buyers (DIIs) purchased shares value ₹2,330.56 crore, in accordance with change information.

In Asian markets, Seoul, Tokyo and Hong Kong have been buying and selling larger whereas Shanghai quoted decrease.

The US markets ended principally larger on Monday.

World oil benchmark Brent crude climbed 0,26 per cent to USD 73.49 a barrel.

The 30-share BSE benchmark dropped 241.30 factors or 0.31 per cent to settle at 77,339.01, registering its fourth day of decline on Monday. Falling for the seventh day in a row, the Nifty dipped 78.90 factors or 0.34 per cent to 23,453.80.

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