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PROPELLED BY BARGAIN HUNTING, MARKET REBOUNDS!

MUMBAI, Mar.20, 2024 (TBINN)

Benchmark equity indices Sensex and Nifty rebounded today, propelled by bargain hunting in index majors Reliance Industries, I.T.C. and S.B.I. amid a largely firm trend in global equities.

However, a depreciating rupee and selling pressure in small-cap stocks restricted the gains, traders said.

In a highly volatile trade, the 30-share B.S.E. 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.

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