Benchmark stock indices rebounded around 1 per cent on Thursday following value buying in banking, IT and auto stocks after two days of losses and a largely positive trend in global markets.<\/p>\n
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Photograph: Shailesh Andrade\/Reuters<\/span><\/p>\n The 30-share BSE Sensex climbed 659.31 points or 1.12 per cent to settle at 59,688.22.<\/p>\n During the day, it jumped 683.05 points or 1.15 per cent to 59,711.96.<\/p>\n The broader NSE Nifty rose by 174.35 points or 0.99 per cent to close at 17,798.75.<\/p>\n \u00a0<\/p>\n Tech Mahindra, Axis Bank, ICICI Bank, Mahindra & Mahindra, Bharti Airtel, State Bank of India, UltraTech Cement, Bajaj Finserv, IndusInd Bank and Asian Paints emerged as the biggest gainers amonf Sensex shares.<\/p>\n Tata Steel, NTPC, Titan, Nestle and Power Grid were the laggards.<\/p>\n “The domestic financial markets experienced a wave of optimism tracking strength across global markets as oil prices eased, cooling investor concerns about rising inflation.<\/p>\n “Despite premium valuations, consistent FII inflows are aiding Indian bourses to stay resilient,” Vinod Nair, head of Research at Geojit Financial Services.<\/p>\n Elsewhere in Asia, markets in Seoul and Tokyo ended in the green, while Shanghai and Hong Kong settled lower.<\/p>\n Equities in Europe were trading on a mixed note during the mid-session deals.<\/p>\n The US markets had ended significantly higher on Wednesday.<\/p>\n Meanwhile, the international oil benchmark Brent crude dipped 0.49 per cent to $87.57 per barrel.<\/p>\n Foreign institutional investors (FIIs) were net buyers as they bought shares worth Rs 758.37 crore on Wednesday, as per exchange data.<\/p>\n<\/div>\n[ad_2]\n<\/p>\n News From This Website <\/a><\/p>\n","protected":false},"excerpt":{"rendered":"