Sensex, Nifty rebound after deep plunge to settle nearly 1% higher

The majority of Adani Group firms ended higher, with Adani Green Energy soaring 21.72% and Adani Energy Solutions surging 15.56% on the BSE. File
| Photo Credit: Reuters

Equity benchmark indices Sensex and Nifty rebounded on Friday (November 29, 2024), surging nearly 1% each, amid buying in frontline stocks Bharti Airtel and Reliance Industries.

The BSE benchmark Sensex jumped 759.05 points, or 0.96%, to settle at 79,802.79. During the day, it soared 880.16 points, or 1.11%, to 79,923.90.

The NSE Nifty climbed 216.95 points or 0.91%, to 24,131.10.

From the 30-share Sensex pack, Bharti Airtel, Mahindra & Mahindra, UltraTech Cement, Adani Ports, Reliance Industries, Larsen & Toubro, JSW Steel, Hindustan Unilever, Titan, and Tata Motors were the biggest gainers.

Power Grid, Nestle, State Bank of India, and Infosys were the laggards.

The majority of Adani Group firms ended higher, with Adani Green Energy soaring 21.72% and Adani Energy Solutions surging 15.56% on the BSE.

The BSE smallcap gauge climbed 0.76%, and the midcap index went up by 0.31%.

In Asian markets, Shanghai and Hong Kong settled in the positive territory while Seoul and Tokyo ended lower.

European markets were trading lower. US markets were closed on Thursday (November 28, 2024) for Thanksgiving.

Foreign Institutional Investors (FIIs) offloaded equities worth Rs 11,756.25 crore on Thursday (November 28, 2024), according to exchange data.

Global oil benchmark Brent crude dipped 0.30% to $73.06 a barrel.

The BSE benchmark slumped 1,190.34 points, or 1.48%, to settle at 79,043.74 on Thursday (November 28, 2024). The Nifty tumbled 360.75 points, or 1.49%, to 23,914.15.