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TMI BlogMarkets rebound in early trade after 5-day slumpX X X X Extracts X X X X X X X X Extracts X X X X ..... Markets rebound in early trade after 5-day slump X X X X Extracts X X X X X X X X Extracts X X X X ..... ts to 22,584.65. Later, the BSE benchmark quoted 272.39 points higher at 74,725.89, and the Nifty traded 47.45 points up at 22,600.80. From the Sensex pack, Mahindra & Mahindra, Zomato, Adani Ports, Bajaj Finserv, Bajaj Finance, and Bharti Airtel were the biggest gainers. Power Grid, Larsen & Toubro, Sun Pharma, and NTPC were among the laggards. In the last five trading sessions, the BSE b ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... arometer lost 1,542.45 points, or 2 per cent, and the Nifty tanked 406.15 points, or 1.76 per cent. "The market is oversold, largecap valuations are fair and short positions in the market are high. This warrants a bounce back, particularly if a short covering happens. But the real issue is the relentless FII selling in the cash market," V K Vijayakumar, Chief Investment Strategist, Geojit Financ ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... ial Services, said. It is the sustained DIIs (Domestic Institutional Investors) buying that is preventing the market from a capitulation, he said. "Trump tariff uncertainty will continue to weigh on markets," Vijayakumar added. Foreign institutional investors (FIIs) offloaded equities worth Rs 6,286.70 crore on Monday, while DIIs bought equities worth Rs 5,185.65 crore, according to exchange ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... data. "FIIs selling more than Rs 6,000 crore worth of Indian equities on Monday and offloading over Rs 1 lakh crore since the beginning of this year raises concern that how long domestic inflows would continue to offset overseas investor selling," Prashanth Tapse, Senior VP (Research), Mehta Equities Ltd, said. In Asian markets, Seoul, Tokyo, Shanghai and Hong Kong were trading lower. US ma ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... rkets ended mostly in the negative territory on Monday.
Global oil benchmark Brent crude climbed 0.51 per cent to USD 75.16 a barrel.
The Sensex had tanked 856.65 points, or 1.14 per cent, to settle at 74,454.41 on Monday while the Nifty declined 242.55 points, or 1.06 per cent, to 22,553.35. PTI SUM TRB X X X X Extracts X X X X X X X X Extracts X X X X
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