Monday, June 27, 2022
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    HomeBusinessMARKET LIVE: Sensex rebounds, up 500pts from day

    MARKET LIVE: Sensex rebounds, up 500pts from day


    Stock market live updates: After opening on a weak note, the markets recouped lost ground on Tuesday led by recovery in IT and metals.

    In late-morning trades, the BSE Sensex rose 150 points to reclaim the 53K-mark and the NSE Nifty was up 60 points to 15,830. Both the indices recovered 500 and 170 points, respectively, from their intra-day lows.

    The broader markets also showed signs of recovery. The BSE MidCap and SmallCap indices were in the positive territory, rising up to 0.7 per cent.

    Sectorally, Nifty Realty, Financials and Consumer Durables held the highest losses, down up to a per cent. Nifty Metals and FMCG were muted. 

    Among other stocks, Adani Enterprises jumped 4 per cent on inking pact with TotalEnergies of France to jointly create the world’s largest green hydrogen ecosystem. READ MORE

    Berger Paints slipped 1 per cent. The company anticipates a loss between Rs 75 lakh and 1 crore due to the accidental fire at the factory outlet in Howrah, West Bengal. However, the loss was fully recovered by insurance as the total sum assured for the Howrah factory was Rs 218 crore, it said.

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