Markets rebound sharply in early trade on firm global trends

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Markets rebound sharply in early trade on firm global trends


The BSE benchmark tanked 670.93 factors or 0.93% to settle at 71,355.22 on January 8, 2024. File
| Photo Credit: Reuters

Benchmark fairness indices bounced again in early trade on January 9, after falling sharply in the day before today, amid firm global market trends and overseas fund inflows.

Buying in IT shares additionally added to the constructive momentum.

After starting the trade on an optimistic observe, the 30-share BSE Sensex additional jumped 493.4 factors to 71,848.62. The Nifty climbed 160.65 factors to 21,673.65.

All the Sensex companies have been buying and selling in the inexperienced through the early trade. Wipro, Tech Mahindra, Larsen & Toubro, Infosys, Tata Consultancy Services, Tata Motors, Titan and ICICI Bank have been the foremost gainers.

In Asian markets, Seoul, Tokyo, Shanghai and Hong Kong have been buying and selling increased.

The U.S. markets ended with vital positive factors on Monday.

The BSE benchmark tanked 670.93 factors or 0.93% to settle at 71,355.22 on Monday. The Nifty declined 197.80 factors or 0.91% to 21,513.

Foreign Institutional Investors (FIIs) purchased equities value ₹16.03 crore on Monday, in line with change knowledge.

Global oil benchmark Brent crude climbed 0.38% to $76.41 a barrel.



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