• Source:JND
Add as a preferred

Stock Market Today:  Equity benchmark indices Sensex and Nifty rebounded on Tuesday morning following two consecutive days of losses, led by gains in blue-chip stocks Infosys and HDFC Bank as well as value-buying at lower levels. Fresh foreign fund inflows and gains in Asian markets also boosted the markets. The BSE benchmark Sensex rose 193.17 points, or 0.24 per cent, to 81,701.63 in early trade. The broader NSE Nifty gained 47.40 points, or 0.19 per cent, to 24,666.40.

Tata Motors, Infosys, Bajaj Finserv, Bajaj Finance, Titan, HCL Technologies, and Kotak Mahindra Bank were among the gainers from the 30-share Sensex pack. Mahindra & Mahindra, Tech Mahindra, Bharti Airtel, Reliance Industries, UltraTech Cement, and Maruti were trading lower.

Among Asian markets, Seoul, Tokyo, Hong Kong and Shanghai were trading in positive territory. The global oil benchmark Brent crude was down 0.29 per cent at $71.93 per barrel.

Also Read: Vodafone-Idea Board Approves Issue Of Up To 175.53 Crore Shares To Raise Rs 1,980 Crore; Details

Foreign institutional investors (FIIs) invested Rs on Monday. Domestic institutional investors (DIIs) bought equities worth Rs 724.27 crore. Shares worth Rs 1,648.07 crore were sold, according to exchange data.

On Monday, the 30-share BSE Sensex closed 200.66 points lower at 81,508.46, while the NSE Nifty fell 58.80 points to 24,619.

The rupee recovered from its all-time low and rose 8 paise to 84.78 against the US dollar in early morning trade on Tuesday on fresh foreign fund inflows and a positive trend in domestic equities. At the Interbank Foreign Exchange, the rupee opened at 84.80 and moved in a narrow range to close at 84.78 against the greenback, showing a gain of 8 paise over its previous close. It was later trading at 84.82 against the dollar.

Also read: Tata Motors, Kia India Hike Prices Of Passenger Vehicles From January