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Indian Equities Rebound in Early Trade After Three-Day Slump
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Stock Markets Rebound After 3-Day Slump; Sensex, Nifty Gain on Value-Buying
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News18
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16-03-2026, 10:00
Stock Markets Rebound After 3-Day Slump; Sensex, Nifty Gain on Value-Buying
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Sensex and Nifty bounced back on Monday after a three-day slump, driven by value-buying in blue-chips HDFC Bank and State Bank of India.
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BSE Sensex rose 342.02 points to 74,899.76, while NSE Nifty gained 88.55 points to 23,240.95.
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UltraTech Cement, Tata Steel, HDFC Bank, and State Bank of India were among the top gainers from the 30-Sensex firms.
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Geopolitical tensions in West Asia and elevated crude oil prices (Brent crude at USD 104.2/barrel) are expected to influence market direction.
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FIIs offloaded equities worth Rs 10,716.64 crore on Friday, while DIIs bought stocks worth Rs 9,977.42 crore.
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