Sensex rebounds, gain 72 points

MUMBAI: The Sensex recovers after early losses in opening trade on Monday. The Sensex was up by 72 points at 11401, while the Nifty was up by 12 points at 3492. The Bombay Stock Exchange benchmark Sensex fall over 152 points on selling by funds, triggered by weak trend in other Asian equity markets. The Sensex and Nifty found renewed buying and the bourses bounced back from the lows of the day. The BSE, which gained by over 510 points in the previous two straight sessions, fell by 152.50 points, or 1.11 per cent, to 11,176.55 as IT, oil and gas, banking and healthcare sector stocks leading the fall.

In the same way, the wide-based National Stock Exchange's Nifty fell by 44.80 points, or 1.29 per cent, at 3,435.95. Experts said selling pressure emerged on the domestic markets as other Asian markets fell into the negative zone after initial firmness.

Losers: Ranbaxy Laboratories plunged by 5.58 per cent to Rs 165.95.
Reliance Industries down by 0.31 per cent to Rs 1,779.
Infosys Technologies by 1.77 per cent to Rs 1,423.
Tata Consultancy by 0.48 per cent to Rs 579.80.
Wipro by 1.25 per cent to Rs 308.
State Bank of India down 1.44 per cent to Rs 1,289.
ICICI Bank by 0.81 per cent to Rs 429.