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Stock markets rebound sharply; Sensex jumps 889 pts, Nifty ends at 24,250
['Post News Network']
Odisha News, Odisha Latest news, Odisha Daily – OrissaPOST
Mumbai: Benchmark indices Sensex and Nifty rebounded sharply and ended over 1 per cent higher Wednesday, led by IT stocks, HDFC Bank and fresh foreign fund inflows.
The 30-share BSE Sensex jumped 888.68 points, or 1.16 per cent, to settle at 77,654.60.
From the Sensex pack, Hindustan Unilever surged 4.70 per cent and Infosys jumped 4.50 per cent.
“Indian equity markets ended higher ahead of the US Federal Reserve’s policy decision later today, with resilient domestic fundamentals outweighing weak global cues.
US markets ended mostly higher Tuesday.