Sensex Rebounds Over 500 Points In Early Trade, Nifty Reclaims 14,500
Published: Share Tweet
Recipient s Name
Send The benchmark BSE Sensex rebounded over 500 points and the NSE Nifty recaptured the key 14,500-level in the opening session on Tuesday, as investor sentiment improved following the government s policy response to the resurgence of COVID cases in the country.
Representative Image
Mumbai:
The Sensex was trading at 48,455.13, showing a rise of 505.13 points or 1.05 per cent in opening deals; while the broader Nifty was trading higher by 150.20 points or 1.05 per cent at 14,509.65.
On the Sensex, barring three IT stocks HCL Tech, Tech Mahindra and TCS all shares were trading in the green.
Sensex rebounds by 505 points in early trade; HCL Tech, Tech Mahindra, TCS plunge
The Sensex was trading at 48,455.13, showing a rise of 505.13 points or 1.05 per cent in opening deals; while the broader Nifty was trading higher by 150.20 points or 1.05 per cent at 14,509.65
PTI | April 20, 2021 | Updated 11:25 IST
The benchmark BSE Sensex rebounded over 500 points and the NSE Nifty recaptured the key 14,500-level in the opening session on Tuesday, as investor sentiment improved following the government s policy response to the resurgence of COVID cases in the country.
The Sensex was trading at 48,455.13, showing a rise of 505.13 points or 1.05 per cent in opening deals; while the broader Nifty was trading higher by 150.20 points or 1.05 per cent at 14,509.65. On the Sensex, barring three IT stocks HCL Tech, Tech Mahindra and TCS all shares were trading in the green. On Monday, the BSE Sensex had nosedived 882.61 points or 1.81 per cent, and the NSE Nifty had plunged 258.40
Sensex rebounds by 505 points in early trade; HCL Tech, Tech Mahindra, TCS plunge businesstoday.in - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from businesstoday.in Daily Mail and Mail on Sunday newspapers.
The domestic benchmark indices nosedived in Monday s session following a strong second wave of Covid-19 in the country, leaving the market bulls battered. An across-the-board selling resulted in a 1,469 point crash in the BSE barometer Sensex, with financials and banking counters the worst hit. The index was last quoting at around 47,600 levels. Barring shares of Dr Reddy s Labs, all constituents of the 30-pack index traded in the red. Meanwhile, its NSE counterpart Nifty shed as much as 425 points to hit a low of 14,192, with high volatility marking today s session. India VIX, meanwhile, was trading 10 per cent higher at 22.3. The sell-off was equally bad in the broader markets with mid-cap and small-cap indices trading 2.25-2.50 per cent lower. Except pharma, all indices on NSE traded in the red.