Markets rebound in early trade; Sensex jumps 1,046 points; Nifty surges above 24,300-level

The 30-share BSE Sensex jumps 1,046.13 points to 79,639.20 in early trade

PTI

Updated At : 10:17 AM Aug 07, 2024 IST

Among the 30 Sensex firms, Maruti, Infosys, UltraTech Cement, Adani Ports, JSW Steel and HCL Technologies were the biggest gainers.

Mumbai, August 7

Equity benchmark indices Sensex and Nifty bounced back sharply in early trade on Wednesday after three days of massive decline in tandem with a rally in global peers.

The 30-share BSE Sensex jumped 1,046.13 points to 79,639.20 in early trade. The NSE Nifty surged 313.9 points to 24,306.45.

Among the 30 Sensex firms, Maruti, Infosys, UltraTech Cement, Adani Ports, JSW Steel and HCL Technologies were the biggest gainers.

Asian Paints, Kotak Mahindra Bank, Bharti Airtel and Titan were the laggards.

Asian markets were also trading in the positive territory, where Seoul, Tokyo, Shanghai and Hong Kong were quoting significantly higher.

The US markets ended higher on Tuesday.

Foreign Institutional Investors (FIIs) offloaded equities worth Rs 3,531.24 crore on Tuesday, according to exchange data.