Benchmark indices are trading higher in the pre-opening session.
The Sensex was up 283 points or 0.37 percent at 77,864, and the Nifty was up 70.9 points or 0.3 percent at 23,603.60.
Stock Market Last Week
Benchmark Sensex declined by 110 points in a see-saw trade on Thursday, marking its third straight session of losses amid continued FII selling, disappointing quarterly results and soaring inflation.
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Equity markets were closed on Friday for Guru Nanak Jayanti.
The 30-share Sensex dropped 110.64 points or 0.14 per cent to settle at 77,580.31 in a lacklustre trade. The index started on a positive note but lost momentum later due to increased selling. During the day, it dropped 266.14 points or 0.34 per cent to 77,424.81.
Broader NSE Nifty dropped by 26.35 points or 0.11 per cent to close at 23,532.70, extending its losing streak to the sixth day.
From the 30-share Sensex pack, Hindustan Unilever, NTPC, Nestle, IndusInd Bank, Power Grid, Adani Ports, Tata Motors and Bajaj Finserv were the major laggards.
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Stock Market Last Week
Benchmark Sensex declined by 110 points in a see-saw trade on Thursday, marking its third straight session of losses amid continued FII selling, disappointing quarterly results and soaring inflation.
Equity markets were closed on Friday for Guru Nanak Jayanti.
The 30-share Sensex dropped 110.64 points or 0.14 per cent to settle at 77,580.31 in a lacklustre trade. The index started on a positive note but lost momentum later due to increased selling. During the day, it dropped 266.14 points or 0.34 per cent to 77,424.81.
Broader NSE Nifty dropped by 26.35 points or 0.11 per cent to close at 23,532.70, extending its losing streak to the sixth day.
From the 30-share Sensex pack, Hindustan Unilever, NTPC, Nestle, IndusInd Bank, Power Grid, Adani Ports, Tata Motors and Bajaj Finserv were the major laggards.
Realty jumped 1.11 per cent, BSE consumer discretionary (0.81 per cent), telecommunication (0.64 per cent), auto (0.60 per cent) and commodities (0.33 per cent).
In Asian markets, Tokyo, Shanghai and Hong Kong settled lower while Seoul ended in the positive territory.
European markets were trading higher. The US markets ended on a mixed note on Wednesday.
Global oil benchmark Brent crude dipped 0.06 per cent to USD 72.24 a barrel.
Sensex tanked 984.23 points or 1.25 per cent to settle at 77,690.95 on Wednesday. Registering its fifth day of decline, the Nifty tumbled 324.40 points or 1.36 per cent to 23,559.05.
