Market Update: Indian Indices Rebound, Sensex and Nifty Edge Higher

4 Apr 2024 , 01:38 PM

Indian benchmark indices showed resilience, rebounding after an initial dip. The Sensex climbed by 179.93 points or 0.24% to reach 74,056.75, while the Nifty rose by 32.90 points or 0.15% to 22,467.60. Market breadth favored advances with 2028 shares rising, 1319 declining, and 84 remaining unchanged.

Top gainers on the Nifty 50 included HDFC Bank, NTPC, Hindalco, Axis Bank, and Power Grid Corp., while IndusInd Bank, SBI, Sun Pharma, Britannia, and Apollo Hospital Enterprises weighed down the index.

On the Sensex, only four stocks opened in the red: Sun Pharma, IndusInd Bank, SBI, and Tech Mahindra. Meanwhile, top gainers were HDFC Bank, NTPC, Axis Bank, Power Grid Corp., and Tata Steel.

FIIs net sold shares worth ₹2,213.56 Crore, while DIIs purchased ₹1,102.41 Crore worth of stocks on April 3, as per provisional data from the NSE.

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