Markets rebound in early trade after two days of fall

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

January 04, 2024 11:04 am | Updated 11:04 am IST - Mumbai

Image used for representational purpose.

Image used for representational purpose. | Photo Credit: PTI

Equity benchmark indices rebounded in early trade on January 4 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.

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

0 / 0
Sign in to unlock member-only benefits!
  • Access 10 free stories every month
  • Save stories to read later
  • Access to comment on every story
  • Sign-up/manage your newsletter subscriptions with a single click
  • Get notified by email for early access to discounts & offers on our products
Sign in


Comments have to be in English, and in full sentences. They cannot be abusive or personal. Please abide by our community guidelines for posting your comments.

We have migrated to a new commenting platform. If you are already a registered user of The Hindu and logged in, you may continue to engage with our articles. If you do not have an account please register and login to post comments. Users can access their older comments by logging into their accounts on Vuukle.