<p>Mumbai, Jun 16 (PTI) Equity benchmark indices Sensex and Nifty rebounded in early trade on Monday tracking a rally in Asian markets after two days of sharp decline.</p><p>The 30-share BSE Sensex climbed 288.79 points to 81,407.39 in early trade. The 50-share NSE Nifty went up by 98.9 points to 24,817.50.</p><p>From the 30-Sensex firms, Power Grid, UltraTech Cement, Bharti Airtel, Larsen & Toubro, Asian Paints, NTPC, Tata Consultancy Services and Infosys were among the biggest gainers.</p><p>Tata Motors, Axis Bank, Adani Ports and Kotak Mahindra Bank were among the laggards.</p><p>In Asian markets, South Korea's Kospi, Japan's Nikkei 225 index and Shanghai's SSE Composite index were trading in the positive territory while Hong Kong's Hang Seng quoted lower.</p>.Chinnaswamy stampede: Karnataka HC directs release of RCB marketing head and three others.<p>US markets ended lower on Friday.</p><p>Global oil benchmark Brent crude climbed 0.73 per cent to USD 74.77 a barrel.</p><p>"Interestingly there is no panic in equity markets. Markets will be severely impacted only if Iran closes the Strait of Hormuz triggering a huge spike in crude. This appears to be a low probability event now," VK Vijayakumar, Chief Investment Strategist, Geojit Investments Limited, said.</p><p>Foreign Institutional Investors (FIIs) offloaded equities worth Rs 1,263.52 crore on Friday, according to exchange data.</p><p>On Friday, the 30-share BSE Sensex dived 573.38 points or 0.70 per cent to settle at 81,118.60. The Nifty dropped 169.60 points or 0.68 per cent to 24,718.60.</p><p>In the past two days, the BSE benchmark has lost 1,396.54 points or 1.69 per cent, and the Nifty dropped 422.8 points or 1.68 per cent.</p>
<p>Mumbai, Jun 16 (PTI) Equity benchmark indices Sensex and Nifty rebounded in early trade on Monday tracking a rally in Asian markets after two days of sharp decline.</p><p>The 30-share BSE Sensex climbed 288.79 points to 81,407.39 in early trade. The 50-share NSE Nifty went up by 98.9 points to 24,817.50.</p><p>From the 30-Sensex firms, Power Grid, UltraTech Cement, Bharti Airtel, Larsen & Toubro, Asian Paints, NTPC, Tata Consultancy Services and Infosys were among the biggest gainers.</p><p>Tata Motors, Axis Bank, Adani Ports and Kotak Mahindra Bank were among the laggards.</p><p>In Asian markets, South Korea's Kospi, Japan's Nikkei 225 index and Shanghai's SSE Composite index were trading in the positive territory while Hong Kong's Hang Seng quoted lower.</p>.Chinnaswamy stampede: Karnataka HC directs release of RCB marketing head and three others.<p>US markets ended lower on Friday.</p><p>Global oil benchmark Brent crude climbed 0.73 per cent to USD 74.77 a barrel.</p><p>"Interestingly there is no panic in equity markets. Markets will be severely impacted only if Iran closes the Strait of Hormuz triggering a huge spike in crude. This appears to be a low probability event now," VK Vijayakumar, Chief Investment Strategist, Geojit Investments Limited, said.</p><p>Foreign Institutional Investors (FIIs) offloaded equities worth Rs 1,263.52 crore on Friday, according to exchange data.</p><p>On Friday, the 30-share BSE Sensex dived 573.38 points or 0.70 per cent to settle at 81,118.60. The Nifty dropped 169.60 points or 0.68 per cent to 24,718.60.</p><p>In the past two days, the BSE benchmark has lost 1,396.54 points or 1.69 per cent, and the Nifty dropped 422.8 points or 1.68 per cent.</p>