- By Aditya Pratap Singh
- Mon, 23 Dec 2024 10:28 AM (IST)
- Source:JND
Stock Market Today: Equity indices Sensex and Nifty rebounded sharply on Monday morning after five days of sharp declines amid value buying at low levels and a rally in global markets. Buying in Bluechip stocks also helped the market recover. The 30-share benchmark Sensex surged 628.34 points to 78,669.93. The NSE Nifty gained 219 points to 23,806.50.
Among the 30 Sensex stocks, HDFC Bank, Bajaj Finance, ICICI Bank, Bharti Airtel, ITC, Reliance Industries, Tata Steel, and Axis Bank were the top gainers, while Zomato and Sun Pharma were the losers.
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Among all Asian markets, Tokyo, Seoul, Hong Kong, and Shanghai were trading in positive territory. Meanwhile, the US stock market ended Friday on a positive note.
Foreign Institutional Investors (FIIs) invested Rs. 3,250.57 crore in equities, while DIIs made net purchases worth Rs 1,453.64 crore, according to the bourse data. Brent crude oil prices rose 0.47 per cent to $73.28 per barrel.
In the last five days, the Sensex index has declined by 4,091.53 points, or 4.98 per cent, while the Nifty index has fallen by 1,180.8 points or 4.76 per cent. The 30-share Sensex index fell by 1,176.46 points, or 1.49 per cent, to 78,041.59 on Friday. The Nifty index fell by 364.20 points, or 1.52 per cent, to 23,587.50.
(With Inputs from PTI)