Stock markets rebound after 3-day fall; Sensex recovers 260 points

Facebook
Twitter
WhatsApp

MUMBAI: Indian benchmark equity indices Sensex and Nifty snapped the three-day losing streak and settled in the positive territory on Wednesday, mirroring a rally in global markets and supported by buying in blue-chips Reliance Industries and HDFC Bank.

Market analysts said Indian equities closed with gains on better-than-expected US job market data and optimism over trade talks between the US and Chinese President this week also added optimism to markets recovery.

The 30-share BSE Sensex climbed 260.74 points, or 0.32 per cent, to settle at 80,998.25. During the day, it jumped 349.78 points, or 0.43 per cent, to 81,087.29.

Digital Griot
advertisement
READ MORE ARTICLES
Digital Griot
Voting Poll
[democracy id="2"]