• Source:JND
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Stock Market: Benchmark index Sensex rebounded from its early lows to close higher by around 376 points, snapping a four-day losing streak on the back of rallies by blue chips ICICI Bank, HUL, and HDFC Bank. The 30-share BSE Sensex rebounded 375.61 points, or 0.46 percent, to settle at 81,559.54. The index opened lower and hit a low of 80,895.05 points in early trade. It later rebounded from the lows and jumped 469.43 points or 0.57 percent to the day's high of 81,653.36.

The NSE Nifty rose 84.25 points or 0.34 percent to end at 24,936.40 after a three-day fall.

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Hindustan Unilever, IndusInd Bank, ITC, Axis Bank, Kotak Mahindra Bank, ICICI Bank, Ultratech Cement, and HDFC Bank were the biggest gainers among the 30 Sensex firms. Tech Mahindra, Tata Steel, NTPC, Tata Motors, Power Grid, and Titan were among the biggest losers.

Seoul, Tokyo, Shanghai, and Hong Kong were the lower markets in Asia. The European market saw more trading. U.S. markets ended significantly lower on Friday.

According to exchange data, foreign institutional investors offloaded equities worth Rs 620.95 crore on Friday. Brent crude, the global benchmark, rose 1.13 percent to $71.84 a barrel. The BSE benchmark Sensex fell 1,017.23 points, or 1.24 percent, to 81,183.93 on Friday. The NSE Nifty fell 292.95 points, or 1.17 percent, to 24,852.15.

(With PTI's Input)

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