Stock Markets Rebound in Early Trade as Crude Oil Prices Ease

Mumbai: Benchmark equity indices Sensex and Nifty rebounded in early trade on Wednesday after witnessing a sharp decline in the previous session, supported by easing crude oil prices and buying interest in blue-chip stocks.

The 30-share BSE Sensex rose 187.63 points to 76,388.31 during early trade, while the broader NSE Nifty gained 57.75 points to reach 23,878.85. Among the top gainers in the Sensex pack were Tech Mahindra, ICICI Bank, Trent, Infosys, Tata Consultancy Services (TCS), and Kotak Mahindra Bank, as investors returned to frontline stocks amid improved market sentiment.

Market participants will continue to monitor global cues, foreign fund flows, and crude oil price movements for further direction in domestic equities.