Markets rebound in early trade amid global rally

MUMBAI: Equity benchmark indices Sensex and Nifty rebounded in early deals on Monday in tandem with a rally in global markets and buying in ICICI Bank and Reliance Industries.

The 30-share BSE Sensex jumped 411.15 points to 74,141.31 in early trade. The NSE Nifty went up by 94.2 points to 22,514.15.

From the Sensex basket, ICICI Bank climbed nearly 2 per cent after the company on Saturday said its March quarter consolidated net profit grew 18.5 per cent to Rs 11,672 crore, helped by lower provisions.