Markets rebound amid global recovery; Sensex jumps over 190 points in early trade
The Hindu
In Asia, markets in Tokyo, Hong Kong, Shanghai and Seoul were trading in the green.
Equity benchmark indices rebounded on Wednesday, with the Sensex jumping over 190 points in early trade, tracking recovery in global markets.
The 30-share BSE Sensex was trading 190.34 points higher at 54,555.19. The NSE Nifty jumped 65.55 points to 16,305.60 in early deals.
Among the Sensex firms, Bharti Airtel, Tech Mahindra, Power Grid, Tata Steel, HDFC and M&M were the prominent gainers in early trade.
In contrast, Asian Paints, Hindustan Unilever, Larsen & Toubro and IndusInd Bank were among the laggards.
Elsewhere in Asia, markets in Tokyo, Hong Kong, Shanghai and Seoul were trading in the green.
Stock exchanges in the U.S. had ended mostly higher on Tuesday.
"Major US stock benchmarks ended mixed on Tuesday, with the Dow Jones Industrial Average booking a fourth straight day of losses, on the eve of key inflation reading. The S&P 500 and Nasdaq ended higher on Tuesday," said Deepak Jasani, Head of Retail Research, HDFC Securities.
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