{"id":"f-8b070c46fc-543ff409-5509-5c04-afdb-e13b23493dbf","title":"Stock markets rebound in early trade after two days of decline","description":"Mumbai, Dec 17 (PTI) Benchmark indices Sensex and Nifty rebounded in early trade on Wednesday driven by value buying at lower levels and a positive trend in Asian markets","timestamp":1765949223,"category":"business","headline":"Stock markets rebound in early trade after two days of decline","modifiedHeadline":"Stocks Recover After Two-Day Losing Streak","subCategories":["scid_0f705da1"],"region":"IN","bundleMetaData":{"bundleId":"ece1ae3d-908e-48c7-9e53-a4aa910ee4db","bundleTitle":"Grow Your Money","cardData":null},"iabCategoryId":"68","fcSummary":"Indian benchmark indices, Sensex and Nifty, saw an early rebound driven by value buying and positive Asian market trends. Domestic institutional investors' activity supported the markets, with gains in sectors like Eternal and banking, while FIIs were net sellers.","summary":"Sensex & Nifty bounce back in early trade, fueled by value buying after two days of decline and positive Asian market trends.","ctaUrl":"https://trends.glance.com/newz/India_News/IN/en/pti/f-8b070c46fc-543ff409-5509-5c04-afdb-e13b23493dbf","sourceUrl":"http://www.ptinews.com","bannerImage":"https://g-mob.glance-cdn.com/public/dynamic/720x1280/59580e8be1e0b6b6ea4da34ef79063d431fe364a.webp","content":"

Mumbai, Dec 17 (PTI) Benchmark indices Sensex and Nifty rebounded in early trade on Wednesday driven by value buying at lower levels and a positive trend in Asian markets.

Steady buying activity by domestic

\n\n

institutional investors also brought comfort to the markets, according to experts.

The 30-share BSE Sensex climbed 201.23 points to 84,881.09 in early trade. The 50-share NSE Nifty went up by 64.8 points to 25,924.90.

\n\n

From the Sensex firms, Eternal, State Bank of India, Bajaj Finance, Axis Bank, Tata Consultancy Services and Tata Motors Passenger Vehicles were among the major gainers.

However, ICICI Bank, Trent, HDFC Bank and Sun Pharma were among the laggards.

In Asian markets, South Korea's Kospi, Japan's Nikkei 225 index, Shanghai's SSE Composite index, and Hong Kong's Hang Seng index quoted in positive territory.

\n\n

US markets ended mostly lower on Tuesday.

Foreign Institutional Investors (FIIs) offloaded equities worth Rs 2,381.92 crore on Tuesday, while Domestic Institutional Investors (DIIs) bought stocks worth Rs 1,077.48 crore, according to exchange data.

Steady domestic inflows through SIPs and insurance channels continue to provide a strong structural buffer, helping to limit downside risks, Ponmudi R, CEO of Enrich Money, an online trading and wealth tech firm, said.

Brent crude, the global oil benchmark, jumped 1.19 per cent to USD 59.62 per barrel.

\n\n

On Tuesday, the Sensex tanked 533.50 points or 0.63 per cent to settle at 84,679.86. The Nifty dropped 167.20 points or 0.64 per cent to 25,860.10. PTI SUM

SUM DR

","readDurationInMinutes":"2","author":{"name":"PTI","logo":"https://glance-mob.glance-cdn.com/public/bubble/jpeg/b4428283-3bff-45db-a5fa-15dccca89081.jpeg"},"ism":false,"analyticsResponses":[],"pointerSummary":["Sensex up 201.23 points to 84,881.09; Nifty gains 64.8 points to 25,924.90 in early trade.","Asian markets positive; DII buying offsets FII selling of ₹2,381.92 crore equities.","Brent crude jumps 1.19% to USD 59.62/barrel; markets rebound from Tuesday's losses."],"tags":["StockMarket","Sensex","Nifty","MarketRebound","AsianMarkets","ValueBuying","DomesticInvestors","ForeignInvestors","FII","DII","BSE","NSE","Eternal","StateBankOfIndia","BajajFinance","AxisBank","TataConsultancyServices","TataMotors","ICICIBank","Trent","HDFCBank","SunPharma","Kospi","Nikkei225","SSEComposite","HangSeng","BrentCrude","EnrichMoney","PonmudiR"],"consent":true,"redirectionEnabled":false}

Stock markets rebound in early trade after two days of decline

SUMMARY