Business

After Falling Steeply On The Previous Day, Markets Bounce Back In Early Deals

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Benchmark indices bounced back in early deals on Tuesday after falling sharply in the previous trade amid buying in banking counters and mixed global trends.

From the Sensex pack, Bajaj Finserv, Bajaj Finance, IndusInd Bank, Maruti, Tata Steel, NTPC, UltraTech Cement, State Bank of India and Axis Bank were among the major winners.

Bharti Airtel and Dr Reddy’s were the only laggards.

Elsewhere in Asia, markets in Seoul and Tokyo were trading in the green while Shanghai and Hong Kong quoted lower in mid-session deals.

The US markets had ended lower on Monday.

The BSE benchmark tanked 861.25 points or 1.46 per cent to settle at 57,972.62 points on Monday. The Nifty fell 246 points or 1.4 per cent to 17,312.90 points.

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