Markets rebound in early trade after 5-day slump
The Hindu
Equity indices rebound in early trade amid value buying, Sensex up 117.57 points, Nifty up 31.3 points.
Equity benchmark indices Sensex and Nifty rebounded in early trade on Tuesday (February 25, 2025) amid value buying at lower levels after falling sharply in the last five trading sessions.
The 30-share BSE benchmark Sensex climbed 117.57 points to 74,571.98 in early trade. The NSE Nifty went up 31.3 points to 22,584.65.
Later, the BSE benchmark quoted 272.39 points higher at 74,725.89, and the Nifty traded 47.45 points up at 22,600.80.
From the Sensex pack, Mahindra & Mahindra, Zomato, Adani Ports, Bajaj Finserv, Bajaj Finance, and Bharti Airtel were the biggest gainers.
Power Grid, Larsen & Toubro, Sun Pharma, and NTPC were among the laggards.
In the last five trading sessions, the BSE barometer lost 1,542.45 points, or 2%, and the Nifty tanked 406.15 points, or 1.76%.
“The market is oversold, largecap valuations are fair and short positions in the market are high. This warrants a bounce back, particularly if a short covering happens. But the real issue is the relentless FII selling in the cash market,” V.K. Vijayakumar, Chief Investment Strategist, Geojit Financial Services, said.

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