Sensex and Nifty rebound after heavy losses, IT stocks gain, PSU stocks decline.

From Nasdaq: 2025-01-21 23:29:15

Indian shares rebounded slightly on Wednesday after heavy losses the day before. The Sensex was up 215 points, while the Nifty rose by 40 points. IT stocks like Tech Mahindra and TCS saw gains, while PSU stocks like Power Grid Corp declined. HDFC Bank and Hindustan Unilever were up ahead of earnings. UCO Bank fell on fund raising reports, and PNB Housing Finance dropped despite higher profits. Tata Technologies reported lower net profit, while Tanla Platforms and ICICI Prudential Life also saw declines in quarterly profits.



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