New Delhi, March 20 -- Benchmark equity indices Sensex and Nifty rebounded on Wednesday, propelled by bargain hunting in index majors Reliance Industries, ITC and SBI amid a largely firm trend in global equities.
In a highly volatile trade, the 30-share BSE Sensex rose 89.64 points or 0.12 per cent to settle at 72,101.69. During the day, it jumped 390.62 points or 0.54 per cent to 72,402.67. The benchmark hit its day's low of 71,674.42, down 337.63 points or 0.46 per cent.
The NSE Nifty climbed 21.65 points or 0.10 per cent to finish at 21,839.10.
From the Sensex basket, Maruti, Nestle, Power Grid, State Bank of India, ITC, Reliance Industries, Kotak Mahindra Bank, Bajaj Finance, IndusInd Bank and Asian Paints were the major gainers.
In contrast, Tata Steel, Axis Bank, Tata Motors and HDFC Bank were among the laggards.
In the broader market, the BSE midcap gauge climbed marginally by 0.05 per cent and smallcap index dipped 0.14 per cent. Among the sectoral indices, energy jumped 1.09 per cent, oil & gas (1.07 per cent), power (0.92 per cent), telecommunication (0.61 per cent), auto (0.47 per cent) and utilities (0.45 per cent). On the other hand, commodities, financial services, IT, metal and teck were the laggards.
Published by HT Digital Content Services with permission from Millennium Post.