Markets fall in early trade; bounce back later
The Hindu
Adani Enterprises tumbled 15% in early deals.
Equity benchmarks fell in initial trade on February 2 but later bounced back to trade in the positive territory, amid firm global market trends and foreign fund inflows.
The 30-share BSE benchmark Sensex had fallen 492.46 points to 59,215.62 in early trade. The broader NSE Nifty declined 170.35 points to 17,445.95 in initial trade.
However, later both the benchmarks were quoting in the green. The Sensex traded 177.91 points higher at 59,885.99, while the Nifty quoted 25.50 points up at 17,605.95.
From the Sensex pack, Bajaj Finance, NTPC, Asian Paints, Tata Steel, HDFC, HDFC Bank, Reliance Industries and Power Grid were the major laggards.
ITC, UltraTech Cement, IndusInd Bank, Titan and Maruti were among the winners.
Elsewhere in Asia, equity markets in Seoul, Tokyo, Shanghai and Hong Kong were trading in the green.
Markets in the U.S. had ended in the positive territory on Wednesday.
Sumit Nagal attained the 77th place in ATP rankings. As per the established criteria, the top 56 players, both in men’s and women’s rankings, will attain automatic qualification for the Olympics but no more than four per country can make the cut for the Games, a rule which allows lower ranked players to sneak into the draw.