Markets rebound in early trade on buying in ICICI bank, firm trends in Asian peers

From the 30 Sensex pack, ICICI Bank climbed astir 3% aft the backstage assemblage lender posted a 14.5% maturation successful standalone nett to ₹11,746 crore for the 2nd 4th ended September-2024. File | Photo Credit: Reuters

Equity markets rebounded successful aboriginal commercialized connected Monday (October 28, 2024), driven by buying successful the banal of blue-chip ICICI Bank, steadfast trends successful Asian peers and continuous buying by home organization investors.

The Bombay Stock Exchange (BSE) Sensex jumped 462.45 points to 79,864.74 successful aboriginal trade. The National Stock Exchange (NSE) Nifty climbed 112.1 points to 24,292.90.

From the 30 Sensex pack, ICICI Bank climbed astir 3% aft the backstage assemblage lender posted a 14.5% maturation successful standalone nett to ₹11,746 crore for the 2nd 4th ended September-2024.

State Bank of India, IndusInd Bank, Infosys, HCL Technologies, Asian Paints and Hindustan Unilever were the different large gainers from the pack.

JSW Steel, Larsen & Toubro, Power Grid and ITC were among the laggards. In Asian markets, Seoul, Tokyo and Shanghai were trading higher, portion Hong Kong quoted lower.

The U.S. markets ended connected a mixed enactment connected Friday (October 25, 2024).

Foreign Institutional Investors (FIIs) offloaded equities worthy ₹3,036.75 crore connected Friday (October 25, 2024), portion Domestic Institutional Investors (DIIs) bought shares worthy ₹4,159.29 crore, according to speech data.

Global lipid benchmark Brent crude eased 4.38% to $72.72 a barrel.

The BSE benchmark plummeted 662.87 points, oregon 0.83%, to settee astatine 79,402.29 connected Friday (October 25, 2024). The Nifty tanked 218.60 points, oregon 0.90%, to 24,180.80.

Published - October 28, 2024 10:39 americium IST