Markets rebound after 3-day decline monitoring rally in international equities

Representative picture
| Photo Credit: Reuters

Benchmark inventory indices Sensex and Nifty ended larger on Wednesday (May 4, 2025) after three days of decline, monitoring a rally in international markets.

Buying in blue-chips Reliance Industries and HDFC Bank additionally added optimism to markets restoration.

The 30-share BSE Sensex climbed 260.74 factors, or 0.32%, to settle at 80,998.25. During the day, jumped 349.78 factors, or 0.43%, to 81,087.29. The NSE Nifty went up 77.70 factors, or 0.32%, to 24,620.20.

From the Sensex companies, Eternal climbed 3.32%. Bharti Airtel, IndusInd Bank, Tech Mahindra, Reliance Industries, Tata Motors, HDFC Bank, Tata Steel and Hindustan Unilever had been the opposite main gainers.

However, Bajaj Finserv, Axis Bank, Tata Consultancy Services, Titan and Larsen & Toubro had been among the many laggards.

“The home market traded in a slender vary with a mildly constructive bias, supported by beneficial international cues corresponding to sturdy US job information and indicators of easing US-China commerce tensions,” Vinod Nair, Head of Research, Geojit Investments Ltd, stated.

“Mid and small-cap shares outperformed, pushed by better-than-estimated earnings development and moderation in valuation. Investors are actually centered on the RBI coverage assembly beginning in the present day, with expectations of a fee minimize and readability on the long run development & inflation forecast,” Mr. Nair stated.

In the Asian markets, South Korea’s Kospi jumped sharply. Japan’s Nikkei 225 index, Shanghai’s SSE Composite index and Hong Kong’s Hang Seng additionally settled larger.

European markets had been buying and selling larger. U.S. markets ended within the constructive territory on Tuesday (May 3, 2025).

Foreign Institutional Investors (FIIs) offloaded equities price ₹2,853.83 crore on Tuesday (May 3, 2025), in response to trade information.

Global oil benchmark Brent crude climbed 0.38% to $65.92 a barrel.

The 30-share BSE Sensex tanked 636.24 factors, or 0.78%, to settle at 80,737.51 on Tuesday (May 3, 2025). The Nifty plunged 174.10 factors, or 0.70%, to 24,542.50.