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Sensex gains 262 points, Nifty 50 nearing 22,250 marks
Mumbai: Indian equity markets rebounded on Thursday, snapping 3-day losing streak, as investors indulge in bargain buying.
The S&P BSE Sensex added 262 points, or 0.36 per cent, to 73,206 levels, while the Nifty50 neared 22,250-mark at 22,242 level.
Power Grid, IndusInd Bank, Sun Pharma, Wipro, M&M, Tata Motors, Reliance Industries, ICICI Bank, and L&T were leading the benchmarks to positive zone.
In the broader markets, the BSE MidCap and Smallcap indices were outperforming the frontline indices as they climbed 0.8 per cent each.
Among sectors, the broad-based rally was led by the Nifty Metal, Media, and PSU Bank indices which gained over 1 per cent each.
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