Markets Rebound After 3-Day Fall, Sensex Jumps 447 Points Led By Reliance & HDFC Bank

Key Highlights:

- Sensex jumped 447 points; Nifty climbed 140 points.

- Gains driven by Reliance Industries, HDFC Bank, and other blue-chip stocks.

- FIIs sold shares worth over Rs 6,000 crore on Monday.

Mumbai: After three days of losses, Indian stock markets made a strong comeback on Tuesday, thanks to buying in large companies like Reliance Industries and HDFC Bank.

Sensex Surges Over 440 Points

The BSE Sensex, which tracks 30 major companies, went up by 446.93 points or 0.55 percent, ending the day at 81,337.95. During the day, it even touched a high of 81,429.88, rising 538.86 points.

Nifty Climbs 140 Points

The broader NSE Nifty, which includes 50 top companies, also moved up by 140.20 points or 0.57 percent, to close at 24,821.10.

Top Gainers and Losers

Among the top gainers were:

- Reliance Industries (+2.21 percent)

- Larsen & Toubro

- Asian Paints

- Tata Motors

- Adani Ports

- HDFC Bank

Tata Steel, Maruti, Bajaj Finance, and Bharti Airtel

However, all stocks did not performed well. The main losers were:

- Axis Bank

- Tata Consultancy Services (TCS)

- Titan

- ITC

- Global and FII Activity

Foreign Institutional Investors (FIIs) sold Indian shares worth Rs 6,082.47 crore on Monday, according to exchange data.

Global markets were mixed:

- Japan’s Nikkei and Hong Kong’s Hang Seng ended lower.

- South Korea’s Kospi and China’s Shanghai Composite ended higher.

- European markets were trading in the green.

- US markets ended on a mixed note on Monday.

Crude Oil Prices Up Slightly

Brent crude, the global oil benchmark, rose by 0.63 percent to USD 70.48 per barrel.

Market Recap

On Monday, markets fell sharply. The Sensex lost 572.07 points, while the Nifty dropped 156.10 points. Tuesday’s rally brought much-needed relief to investors.

(With PTI Inputs)