Sensex, Nifty rebound on positive global cues
Domestic equity benchmark BSE Sensex rebounded by nearly 300 points in early trade on Wednesday, led by gains in index heavyweights RIL, HDFC and Infosys, amid positive cues from other global markets.
Mumbai: Domestic equity benchmark BSE Sensex rebounded by nearly 300 points in early trade on Wednesday, led by gains in index heavyweights RIL, HDFC and Infosys, amid positive cues from other global markets.
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The 30-share index pared some opening gains to trade 122.51 points or 0.33 per cent higher at 37,080.67 at 0930 hours; and the broader Nifty too gained 35.30 points or 0.32 per cent to 10,961.15 in morning trade.
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In the previous session on Tuesday, the 30-share index settled 623.75 points, or 1.66 per cent, lower at 36,958.16, while the NSE Nifty slumped 183.80 points, or 1.65 per cent, to 10,925.85.
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On the currency front, the rupee appreciated 51 paise against its previous close to trade at 70.89 in early session. (PTI)