Markets rebound after 2-day slide.
Markets rebound after 2-day slide.
Benchmark indices rebounded sharply on Tuesday, April 26, 2022 after falling for the past two days, with the Sensex jumping 657.67 points in early trade amid a rebound in global markets and buying of the Index majors Reliance Industries and Infosys.
The 30-part BSE benchmark was trading 657.67 points higher at 57,237.56 in early trade. The NSE Nifty rose 204.35 points to 17,158.30.
All of the companies in the 30-stock Sensex pack traded in the green, with IndusInd Bank, M&M, Bajaj Finance, Sun Pharma, Hindustan Unilever, Infosys, ITC, Axis Bank, Bajaj Finserv and Titan emerging as the biggest gainers in early trading.
Elsewhere in Asia, markets in Tokyo, Hong Kong, Seoul and Shanghai traded in the green on mid-session trades after settling significantly lower in the previous session.
Stocks in the US also closed with gains on Monday.
Meanwhile, the international oil benchmark Brent rose 1.26 percent to $103.61 a barrel.
Overseas institutional investors continued their selling spree, selling ₹3,302.85 crore of shares, according to stock market data on Monday.
