<p>Mumbai, May 13 (PTI) Benchmark equity indices Sensex and Nifty staged a dramatic rebound on Monday to settle higher following buying in HDFC Bank, ICICI Bank and Tata Consultancy Services.</p><p>Recovering from early lows, the 30-share BSE Sensex closed higher by 111.66 points or 0.15 per cent at 72,776.13. The index opened lower and plummetted further 798.46 points or 1.09 per cent to hit a low of 71,866.01 in day trade.</p><p>The NSE Nifty rose by 48.85 points or 0.22 per cent to 22,104.05. The 50-issue rebounded from a low of 21,821.05.</p>.Sensex tanks 462.33 points in early trade; Nifty declines 125.8 points.<p>From the Sensex basket, Asian Paints, Sun Pharma, HDFC Bank, Tata Consultancy Services, Axis Bank, Tata Steel, JSW Steel, Larsen & Toubro, ICICI Bank and Power Grid were the major gainers.</p><p>Tata Motors dropped over 8 per cent despite reporting over three-fold jump in consolidated net profit at Rs 17,528.59 crore for the fourth quarter ended March 31, 2024.</p><p>NTPC, Bharti Airtel, Titan, State Bank of India and Nestle were the other major laggards.</p><p>In Asian markets, Seoul, Tokyo and Shanghai settled lower while Hong Kong ended in the positive territory.</p><p>European markets were trading mostly lower. Wall Street ended mostly higher on Friday.</p><p>Foreign institutional investors (FIIs) offloaded equities worth Rs 2,117.50 crore on Friday, according to exchange data.</p><p>Global oil benchmark Brent crude climbed 0.28 per cent to USD 83.02 a barrel.</p><p>The BSE benchmark climbed 260.30 points or 0.36 per cent to settle at 72,664.47 on Friday. The NSE Nifty climbed 97.70 points or 0.44 per cent to 22,055.20.</p>
<p>Mumbai, May 13 (PTI) Benchmark equity indices Sensex and Nifty staged a dramatic rebound on Monday to settle higher following buying in HDFC Bank, ICICI Bank and Tata Consultancy Services.</p><p>Recovering from early lows, the 30-share BSE Sensex closed higher by 111.66 points or 0.15 per cent at 72,776.13. The index opened lower and plummetted further 798.46 points or 1.09 per cent to hit a low of 71,866.01 in day trade.</p><p>The NSE Nifty rose by 48.85 points or 0.22 per cent to 22,104.05. The 50-issue rebounded from a low of 21,821.05.</p>.Sensex tanks 462.33 points in early trade; Nifty declines 125.8 points.<p>From the Sensex basket, Asian Paints, Sun Pharma, HDFC Bank, Tata Consultancy Services, Axis Bank, Tata Steel, JSW Steel, Larsen & Toubro, ICICI Bank and Power Grid were the major gainers.</p><p>Tata Motors dropped over 8 per cent despite reporting over three-fold jump in consolidated net profit at Rs 17,528.59 crore for the fourth quarter ended March 31, 2024.</p><p>NTPC, Bharti Airtel, Titan, State Bank of India and Nestle were the other major laggards.</p><p>In Asian markets, Seoul, Tokyo and Shanghai settled lower while Hong Kong ended in the positive territory.</p><p>European markets were trading mostly lower. Wall Street ended mostly higher on Friday.</p><p>Foreign institutional investors (FIIs) offloaded equities worth Rs 2,117.50 crore on Friday, according to exchange data.</p><p>Global oil benchmark Brent crude climbed 0.28 per cent to USD 83.02 a barrel.</p><p>The BSE benchmark climbed 260.30 points or 0.36 per cent to settle at 72,664.47 on Friday. The NSE Nifty climbed 97.70 points or 0.44 per cent to 22,055.20.</p>