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Market rebounds, Nifty 50 reclaims 24,300
The Statesman Bhubaneswar
|April 29, 2025
Sensex jumped 1,005 pts to 80,218; Nifty rose 289 pts to 24,328, led by Reliance and sectoral buying (except IT)
Benchmark indices erased losses of the previous two sessions, taking Nifty 50 back above 24,300 on Monday. This was led by buying in heavyweights including Reliance Industries and across sectors, barring IT stocks. Nifty crossed 24,350 intraday, but profit booking at higher levels erased some of the gains.
At close, Sensex was up 1,005.84 points or 1.27 per cent at 80,218.37, while Nifty was up 289.15 points or 1.20 per cent at 24,328.50.
BSE Midcap index rose 1.3 per cent, while the smallcap index added 0.4 per cent.
The overall market capitalisation of the firms listed on the BSE rose to nearly Rs 426 lakh crore from Rs 421.6 lakh crore in the previous session.
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