#SensexSensex tanks over 1,000 points in opening trade
#SensexNSE tech glitch resolved, resumes at 3.45 pm; Trading hours extended till 5 pm
#SensexSensex and Nifty scale new highs ahead of RBI policy decision
#SensexSensex zooms over 1,700 pts after Budget 2021; Nifty reclaims 14K
#SensexSensex crash: Investors lose Rs 7 lakh crore as mutant virus spooks global markets
#SensexSensex opens at record high, turns choppy in early trade
- Technology Flipkart Apple Days March 2021: Discount Offers On Apple iPhones
- Sports Swiss Open: PV Sindhu, Saina Nehwal may face off in semifinals; all eyes on Chirag-Satwik
- Finance SGB Twelfth Tranche Opens For Investment: Should You Invest?
- Movies Kangana Ranaut Shares A Throwback Picture; Recalls Childhood Memories That Pierced Her Heart
- Automobiles MG ZS Petrol Could Be Called Astor In India: Will Rival The Hyundai Creta
- Lifestyle Golden Globes 2021: Elle Fanning, Kaley Cuoco And Other Celebs Sizzle In Their Fashionable Gowns
- Education JEE Main Response Sheet 2021 February Session To Release Soon
- Travel 10 Best Places To Visit In Uttarakhand In March
Mumbai, Mar 01 : The BSE benchmark Sensex rebounded over 500 points in the opening session on Monday as investors cheered the domestic economy returning to growth in the October-December period after two quarters of contraction.
The 30-share gauge was trading at 49,608.97, showing a gain of 508.98 points or 1.04 per cent in early session. While the broader NSE Nifty was trading higher by 153.15 points or 1.05 per cent at 14,682.30 in opening deals.
The Sensex rally was driven by gains across the board as 27 constituents were trading in the green.
On Friday, the BSE Sensex had crashed 1,939.32 points or 3.80 per cent to end at 49,099.99 – its worst one-day fall since May 4 last year.
Similarly, the broader NSE Nifty had plunged 568.20 points or 3.76 per cent to close the session at 14,529.15 – the biggest single-day drop since March 23 last year.
Meanwhile, foreign investors sold equities worth Rs 8,295.17 crore on a net basis on Friday, as per exchange data.
Elsewhere in Asia on Monday, shares were trading higher in afternoon trade amid some stability in bond markets after last week’s turmoil. Further, progress in the US stimulus package also lent some support to investor sentiments globally.
Meanwhile, the global oil benchmark Brent crude was trading 0.58 per cent lower at USD 65.59 per barrel.
Analysts said, the high-frequency indicators were pointing towards the fact that the domestic economy is slowly entering the recovery path.
After two consecutive quarters of contraction, the Indian economy has finally entered an expansionary path.
The Gross Domestic Product (GDP) grew 0.4 per cent in the October-December 2020 period compared with the same period a year back, data released by the National Statistics Office on Friday showed.
- Top PL storylines: Matchweek 2
- Apple's iPhone 5 Invite Sparks New Spike in Trade-ins
- Breaking down Cubs' trade deadline focus
- Interest in Smartphone Trade-ins Surges
- Deal or No Deal: MLB Trade Predictions 1 Week from the Deadline
- MLB scores: Mets continue surge; Red Sox not fixed after all
- Surging Mets beat Marlins 5-0 for 12th win in 13 games
- Best Buy Black Friday Early Access Event Is Live
- Who will win the 2019-20 Calder Trophy? Top contenders, sleepers
- Delve, Office Graph must top Office 365 to be revolutionary
- Thibaut Pinot Surges Into Contention at Tour de France
- Kim Kardashian Surges In The Mobile App Market
- Callaway beats former boss as surging Mets top Cleveland
- IT employment surges by 70,500 jobs, unemployment dips to 3.4 percent: CompTIA
- Top Five Electric Vehicles
- Coffee Fungus Could Trigger Coffee Price Surge
- A's use late offensive surge to top Mariners 5-2
- Sybase to rent analytics Web app for high-speed stock trades, says CEO
- B/R NBA Staff Predicts Every Top Free Agent's 2019 Landing Spot
- Start-ups automate global trade functions
Sensex surges over 500 pts in early trade; Nifty tops 14,680 have 812 words, post on www.oneindia.com at March 1, 2021. This is cached page on Asean News. If you want remove this page, please contact us.