<p>Mumbai: Benchmark equity indices Sensex and Nifty rebounded in early trade on Wednesday supported by buying in index majors Reliance Industries and Maruti.</p><p>The 30-share BSE Sensex climbed 270.18 points to 72,740.48 in early trade. The NSE Nifty went up by 87.35 points to 22,092.05.</p><p>From the Sensex basket, Reliance Industries, Maruti, NTPC, Tata Motors, Axis Bank, Bajaj Finance, Hindustan Unilever and Larsen & Toubro were the major gainers.</p><p>Infosys, Wipro, IndusInd Bank and Nestle were among the laggards.</p><p>In Asian markets, Tokyo quoted in the positive territory, while Seoul, Shanghai and Hong Kong traded lower.</p><p>Wall Street ended in the negative territory on Tuesday.</p>.Rupee jumps 33 paise to close at 83.28 against US dollar.<p>Foreign Institutional Investors (FIIs) turned net buyers on Tuesday, as they bought equities worth Rs 10.13 crore, according to exchange data.</p><p>'Investors' attention now turns to key economic data and the upcoming earnings season.</p><p>"Despite challenges, potential support for Nifty bulls lies in foreign institutional buying and global market momentum. Volatility is expected to rise ahead of the futures and options (F&O) expiry," said Prashanth Tapse, Senior VP (Research), Mehta Equities Ltd.</p><p>Global oil benchmark Brent crude declined 0.90 per cent to USD 85.47 a barrel.</p><p>On Tuesday, the BSE benchmark declined by 361.64 points or 0.50 per cent to settle at 72,470.30. The NSE Nifty dropped 92.05 points or 0.42 per cent to 22,004.70.</p>
<p>Mumbai: Benchmark equity indices Sensex and Nifty rebounded in early trade on Wednesday supported by buying in index majors Reliance Industries and Maruti.</p><p>The 30-share BSE Sensex climbed 270.18 points to 72,740.48 in early trade. The NSE Nifty went up by 87.35 points to 22,092.05.</p><p>From the Sensex basket, Reliance Industries, Maruti, NTPC, Tata Motors, Axis Bank, Bajaj Finance, Hindustan Unilever and Larsen & Toubro were the major gainers.</p><p>Infosys, Wipro, IndusInd Bank and Nestle were among the laggards.</p><p>In Asian markets, Tokyo quoted in the positive territory, while Seoul, Shanghai and Hong Kong traded lower.</p><p>Wall Street ended in the negative territory on Tuesday.</p>.Rupee jumps 33 paise to close at 83.28 against US dollar.<p>Foreign Institutional Investors (FIIs) turned net buyers on Tuesday, as they bought equities worth Rs 10.13 crore, according to exchange data.</p><p>'Investors' attention now turns to key economic data and the upcoming earnings season.</p><p>"Despite challenges, potential support for Nifty bulls lies in foreign institutional buying and global market momentum. Volatility is expected to rise ahead of the futures and options (F&O) expiry," said Prashanth Tapse, Senior VP (Research), Mehta Equities Ltd.</p><p>Global oil benchmark Brent crude declined 0.90 per cent to USD 85.47 a barrel.</p><p>On Tuesday, the BSE benchmark declined by 361.64 points or 0.50 per cent to settle at 72,470.30. The NSE Nifty dropped 92.05 points or 0.42 per cent to 22,004.70.</p>