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Sensex rebounds over 400 pts tracking Asian peers; Nifty above 13,900

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Sensex rebounds over 400 pts tracking Asian peers; Nifty above 13,900
Indian equities made a smart recovery on Friday morning after five sessions of hefty losses, with the BSE benchmark Sensex rebounding over 400 points led by gains mainly in banking, energy and auto stocks.
The 30-share Sensex was trading higher by 403.16 points or 0.86 per cent at 47,277.52 in opening deals. Similarly, the broader NSE Nifty was up 118.65 points or 0.86 per cent at 13,936.20.
On the Sensex chart, IndusInd Bank, Mahindra and Mahindra, L&T, ONGC, Bajaj Finance, HDFC Bank and Bajaj Auto were prominent gainers.
On the other hand, Axis Bank, HUL, Tech Mahindra, UltraTech Cement, Maruti and TCS were the top losers. Over the previous five sessions, the Sensex had lost 2,917.76 points, while the Nifty had shed 827.15 points. ....

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RIL, SBI: These five stocks may lead the Sensex, Nifty rebound, charts show

Read more about RIL, SBI: These five stocks may lead the Sensex, Nifty rebound, charts show on Business Standard. Only a decisive close below 47,000 may accelerate selling pressure on the S&P BSE Sensex, charts show ....

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