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Sensex, Nifty rebound in early trade; bank, IT stocks take charge
On the Sensex chart, IndusInd Bank, Tata Steel, Infosys, ONGC, Kotak Bank, NTPC and Bharti Airtel were among prominent gainers.
Rupee inches 4 paise higher to 73.27 against US dollar in early trade
"Rising number of COVID-19 cases is prompting worries about a new wave of lockdowns in Europe and hopes from US stimulus spending are fading", Reliance Securities said in a research note.
Asian shares lower after tech-driven rally on Wall Street
The S&P 500 rose 1.6% to 3,534.22, with Big Tech stocks, including Apple and Microsoft, powering much of the gains.
Rupee rises 14 paise to 73.15 against US dollar in early trade
Dollar index, which gauges the greenback's strength against a basket of six currencies, was trading 0.13 per cent down at 93.39.
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