Stock markets rebound in early trade after two days of sharp fall

MUMBAI: (Mar 10) Equity benchmark indices Sensex and Nifty bounced back sharply on Tuesday early trade after two days of massive decline, following a drop in crude oil prices and recovery in global markets amid hopes that the conflict in West Asia could conclude soon.

The 30-share BSE Sensex rebounded 809.57 points to 78,375.73 in opening trade. The 50-share NSE Nifty climbed 252.75 points to 24,280.80.

Brent crude, the global oil benchmark, tumbled 5.18 per cent to USD 93.83 per barrel.