Equity benchmark indices Sensex, Nifty rebounded in early trade amid continuous foreign fund inflows and a rally in global markets, but failed to carry forward the winning momentum and were later trading lower dragged lower by Axis Bank. The 30-share BSE benchmark gauge climbed 329.23 points to 80,130.66 in early trade. The NSE Nifty rallied 118.75 points to 24,365.45.