Gannon Finance Investments sold 3 lakh shares of Pritish Nandy Communication of which 2,94,609 were picked by India at Rs 18.10 per share.

The Dow Jones Industrial Average rose 505.5 points, or 1.63%, at the open to 31,437.76.

Tune in as we discuss about today's market rebound, what investors should know about before applying for an IPO, and more!

Rohit Singre, Senior Technical Analyst at LKP Securities said, "Nifty has formed immediate support near 14,640-14,580 zone and good resistance is coming near 14,810 zone. Any break above said levels can push index towards 15,000-mark again."

In keeping with the Assam Peace Accord, the government had decided to keep Numaligarh Refinery Ltd (NRL) in the public sector. As part of this, BPCL was to sell its entire 61.65 per cent stake to state-owned firms.

The regulator plans to introduce the dual-approval system for the appointment and removal of independent directors.

During the reporting month, the central bank bought $10.014 billion and sold $6.023 billion in the spot market, the RBI said in its monthly bulletin for February 2021.

Hedge funds and other money managers sold the equivalent of 9 million barrels in the six most important petroleum futures and options contracts in the week to Feb. 23.