Guwahati: India’s two benchmark equity indices, the S&P BSE Sensex and the NSE Nifty50, rebounded in early trade on Tuesday after a steep fall.
According to reports, on Monday, indices fell substantially as a result of international investor sell-offs.
Fears that the RBI may hike policy rates at its next Monetary Policy Meeting on Tuesday, as well as rising global crude oil prices, dampened investor confidence the previous session.
The Sensex was trading at 57,831 points at 9.40 a.m. on Tuesday, up 0.4 percent or 211 points from the previous close of 57,621. It began trading at 57,800 points.
The Nifty ended the day at 17,265 points, up 0.3 percent or 52 points from its previous close of 17,214 points. It began trading at 17,280 points.
The top five gainers among equities were Bajaj Finserv, Titan, Eicher Motors, Bajaj Finance, and Cipla, while the top losers were Power Grid Corporation of India, State Bank of India, NTPC, ONGC, and TCS.