Sensex, Nifty bounce back in early trade after sharp fall in previous session

From the 30-share Sensex pack, State Bank of India, ICICI Bank, IndusInd Bank, Tata Motors, Power Grid, Bajaj Finance, Bajaj Finserv and Tech Mahindra were the biggest gainers. | Photo Credit: Reuters

Benchmark equity indices Sensex and Nifty bounced backmost successful aboriginal commercialized connected Friday (November 22, 2024) aft falling sharply successful the erstwhile league driven by worth buying astatine little levels and a rally successful blue-chip slope stocks.

Buying by home organization investors and steadfast trends successful U.S. markets besides added to the betterment successful home equities. The BSE benchmark Sensex jumped 506.58 points to 77,662.37 successful aboriginal trade. The NSE Nifty climbed 162.9 points to 23,512.80.

From the 30-share Sensex pack, State Bank of India, ICICI Bank, IndusInd Bank, Tata Motors, Power Grid, Bajaj Finance, Bajaj Finserv and Tech Mahindra were the biggest gainers.

U.S. charges Gautam Adani with defrauding investors, hiding program to bribe Indian officials

Adani Ports, Axis Bank, Mahindra & Mahindra, Titan and Sun Pharma were the large laggards. Eight of the 10 listed Adani radical firms were trading lower during the greeting trade, extending their erstwhile day's fall, aft billionaire industrialist Gautam Adani was charged successful the US for alleged bribery and fraud.

Foreign Institutional Investors (FIIs) offloaded equities worthy ₹5,320.68 crore connected Thursday (November 21, 2024), portion Domestic Institutional Investors (DIIs) bought shares worthy ₹4,200.16 crore, according to speech data.

Gautam Adani US Indictment: Who are the 7 others charged with defrauding American investors?

In Asian markets, Seoul and Tokyo were trading successful the affirmative territory portion Shanghai and Hong Kong quoted lower. The U.S. markets ended higher connected Thursday (November 21, 2024.) Global lipid benchmark Brent crude climbed 0.26% to $74.42 a barrel.

On Thursday (November 21, 2024), the BSE benchmark tanked 422.59 points oregon 0.54% to settee astatine 77,155.79 points. The Nifty slumped 168.60 points oregon 0.72% to 23,349.90.

Published - November 22, 2024 11:07 americium IST