Sensex soars on global market rebound

December 07, 2021 16:23

Recovering from a two-session carnage, equity benchmark Sensex rebounded 887 points on Tuesday, led by gains in index majors ICICI Bank, HDFC twins and Infosys amid a positive trend in global markets.

According to experts, global equity markets are slightly relieved after studies pertaining to the Omicron strain of COVID-19 suggest that even though it is fast spreading, it is largely milder than the Delta variant.

The 30-share BSE Sensex ended 886.51 points or 1.56 per cent higher at 57,633.65. Similarly, the broader NSE Nifty rallied 264.45 points or 1.56 per cent to 17,176.70.

Tata Steel was the top gainer in the Sensex pack, advancing nearly 4 per cent, followed by Axis Bank, ICICI Bank, Kotak Bank, SBI and Bajaj Finance. On the other hand, Asian Paints was the sole laggard.

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