Stock markets rebound in early trade after two days of losses on buying in IT firms
Indian stock markets rebounded on Friday, driven by gains in IT sector blue-chip stocks and positive global cues. The Sensex and Nifty indices rose following a rally in U.S. markets fueled by strong semiconductor earnings.
Why it matters
Market performance reflects investor sentiment regarding global economic conditions and the influence of the technology sector on broader indices.
Benchmark equity indices Sensex and Nifty rebounded in early trade on Friday (August 28, 2026) after two days of losses, helped by buying in blue-chip IT stocks and a rally in global markets.
The 30-share BSE Sensex climbed 245.56 points to 77,191.80 in early trade. The 50-share NSE Nifty was up 54.20 points to 24,147.50.
Among the 30 Sensex firms, Tata Consultancy Services, Tech Mahindra, Infosys, HCL Tech, Titan, and Power Grid were among the major winners.
UltraTech Cement, ICICI Bank, Mahindra & Mahindra, and State Bank of India were the laggards.
Brent crude, the global oil benchmark, traded 0.56 per cent lower at $89.20 per barrel.
In Asian markets, South Korea's Kospi traded lower, while Japan's Nikkei 225 index, Shanghai's SSE Composite index Hong Kong's Hang Seng index quoted higher.
U.S. markets ended higher on Thursday (August 27, 2026).
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