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.

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