Sensex, Nifty rebound sharply after 4-day rout
Zee News
The 30-share BSE Sensex opened on a weak note and tumbled 581.93 points or 1.10 per cent to 52,260.82 during the day amid firming oil prices and relentless selling by foreign institutional investors.
Mumbai: In a highly volatile trade, equity benchmarks Sensex and Nifty rebounded sharply on Tuesday after four days of heavy declines, powered by buying in IT and realty counters.
The 30-share BSE Sensex opened on a weak note and tumbled 581.93 points or 1.10 per cent to 52,260.82 during the day amid firming oil prices and relentless selling by foreign institutional investors.
Facing huge bouts of volatility, the benchmark touched a high of 53,484.26 and a low of 52,260.82 during the trade.
It finally settled at 53,424.09, higher by 581.34 points or 1.10 per cent.
Similarly, the broader NSE Nifty declined 115.75 points or 0.72 per cent to 15,747.40 in opening trade, before finishing at 16,013.45, up 150.30 points or 0.95 per cent.
