Markets rebound after 2-day slide; Sensex jumps 777 points
The Hindu
International oil benchmark Brent crude dipped 0.75% to $101.55 per barrel
Benchmark indices rebounded sharply on Tuesday after falling for the past two sessions, with the Sensex rallying nearly 777 points, helped by buying in index major Reliance Industries and recovery in global markets.
The 30-share BSE benchmark jumped 776.72 points or 1.37% to end at 57,356.61. During the day, it rallied 862.35 points or 1.52% to 57,442.24.
The broader NSE Nifty gained 246.85 points or 1.46% to finish at 17,200.80.
Among the 30-share Sensex pack, PowerGrid, Titan, M&M, IndusInd Bank, Bajaj Finance, Reliance Industries, Larsen & Toubro, SBI, Bharti Airtel and HUL were among the major gainers.
In contrast, Axis Bank, Asian Paints, Maruti and TCS closed with losses.
Elsewhere in Asia, markets in Tokyo, Hong Kong and Seoul settled in the green, while Shanghai ended lower.
Markets in Europe were also trading in the green in the afternoon session.
Alma Medical Private Limited, the Indian subsidiary of the Israeli manufacturer that’s among the global innovators in lasers for medical, light-based, radiofrequency, and ultrasound solutions in the aesthetic, surgical and beauty (spa) markets, is expanding further into Asia, where it already has a strong presence, especially in India, China, Korea and Japan, apart from Australia.