<p>Mumbai: Benchmark stock indices Sensex and Nifty rebounded by nearly 1 per cent on Monday following value buying in IT and oil shares and a rally in global shares amid a drop in Brent crude oil prices.</p>.<p>The 30-share BSE Sensex jumped 677.55 points or 0.84 per cent to settle at 81,796.15. During the day, it surged 747.22 points or 0.92 per cent to 81,865.82.</p>.<p>The 50-share NSE Nifty climbed 227.90 points or 0.92 per cent to 24,946.50.</p>.<p>Among 30 Sensex firms, UltraTech Cement, Tech Mahindra, HCL Tech, Tata Consultancy Services, Eternal, Asian Paints, Tata Steel and Kotak Mahindra Bank were among the biggest gainers.</p>.<p>Tata Motors, Adani Ports and Sun Pharma were the laggards.</p>.Chips won the cold war. Rare earths may win the next.<p>In Asian markets, South Korea's Kospi, Japan's Nikkei 225 index, Shanghai's SSE Composite index and Hong Kong's Hang Seng settled in the positive territory. European markets were quoting in the green.</p>.<p>US markets ended lower on Friday.</p>.<p>Global oil benchmark Brent crude declined 0.81 per cent to $73.63 a barrel.</p>.<p>Wholesale price inflation (WPI) declined to a 14-month low of 0.39 per cent in May on easing prices of food articles and fuel.</p>.<p>"Despite mounting global uncertainty triggered by escalating tensions in the Middle East, Indian markets remained resilient," Sundar Kewat, Technical and Derivatives Analyst, Ashika Institutional Equity – Ashika Stock Broking part of Ashika Group, 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: Benchmark stock indices Sensex and Nifty rebounded by nearly 1 per cent on Monday following value buying in IT and oil shares and a rally in global shares amid a drop in Brent crude oil prices.</p>.<p>The 30-share BSE Sensex jumped 677.55 points or 0.84 per cent to settle at 81,796.15. During the day, it surged 747.22 points or 0.92 per cent to 81,865.82.</p>.<p>The 50-share NSE Nifty climbed 227.90 points or 0.92 per cent to 24,946.50.</p>.<p>Among 30 Sensex firms, UltraTech Cement, Tech Mahindra, HCL Tech, Tata Consultancy Services, Eternal, Asian Paints, Tata Steel and Kotak Mahindra Bank were among the biggest gainers.</p>.<p>Tata Motors, Adani Ports and Sun Pharma were the laggards.</p>.Chips won the cold war. Rare earths may win the next.<p>In Asian markets, South Korea's Kospi, Japan's Nikkei 225 index, Shanghai's SSE Composite index and Hong Kong's Hang Seng settled in the positive territory. European markets were quoting in the green.</p>.<p>US markets ended lower on Friday.</p>.<p>Global oil benchmark Brent crude declined 0.81 per cent to $73.63 a barrel.</p>.<p>Wholesale price inflation (WPI) declined to a 14-month low of 0.39 per cent in May on easing prices of food articles and fuel.</p>.<p>"Despite mounting global uncertainty triggered by escalating tensions in the Middle East, Indian markets remained resilient," Sundar Kewat, Technical and Derivatives Analyst, Ashika Institutional Equity – Ashika Stock Broking part of Ashika Group, 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>