Sensex rebounds 192 points, Nifty sustains above 12K; ITI, DLF, Adani Gas stocks gain

The stock market of India rebounds after bleeding heavily on the previous trade session. According to the share market experts, this rise in Indian indices is because of the ease in the Iran-US crisis that jeopardized the Middle East geopolitical equations. The BSE Sensex shot up 192 points and closed at 40,869 levels after the Closing Bell trade session while the 50-stocks Nifty scaled 59 points and closed at 12,052 levels. Bank Nifty index soared 162 points and closed at 31,399 levels in the intraday trade session.

Speaking on the current share market outlook SEBI registered technical stock analyst Simi Bhaumik said, "Both Nifty and Bank Nifty have closed above the crucial 12,000 and 31,350 levels. If they sustain above these levels in the coming trade session then we can expect a further rise in the current markets."

See Zee Business Live TV streaming below:

Tata Motors, SBI, Infosys, Reliance Industries, Yes Bank were among the most trending shares at Indian indices out of which SBI and Reliance Industries were the most active shares. 

Realty stocks led the bull run on Dalal Street as the BSE Realty index soared 1.83 per cent. Realty major Sunteck Realty share price skyrocketed 3.77 per cent, Indiabulls Real Estate shares went up 3.08 per cent, DLF stock price escalated near 2 per cent, Godrej Properties stocks rose 4.94 per cent while Oberoi Realty counter also ended in the green zone.

Energy stocks witnessed fresh buying in the intraday trade as the BSE Energy index added near 1 per cent from its yesterday closing. Energy major Reliance Industries or RIL share price soared 1.57 per cent, Adani Gas shares went northward 4.78 per cent, Panama Petrochem stocks went up 5.32 per cent while Gujarat Mineral Development Corporation escalated 3 per cent.

Among the Asian markets, the Japanese Nikkei soared 1.60 per cent to 23,575 levels, South Korean Kospi went up 0.95 per cent, Hang Seng went up 0.34 per cent while the Shanghai index scaled 0.69 per cent.