Mumbai: Equity benchmark indices rose in early trade on Thursday amid global market trends and buying in Reliance Industries and Tata Consultancy Services.
In early trade, the 30-share BSE Sensex rose 409.72 points to 73,396.75. NSE Nifty rose 129.45 points to 22,330.
Among Sensex constituents, Bharti Airtel, Infosys, Tech Mahindra, HC Technologies, Mahindra & Mahindra, Reliance Industries and Tata Consultancy Services were among the major gainers.
Maruti, Tata Motors, Power Grid and Larsen & Toubro were among the laggards.
In Asian markets, Seoul, Tokyo, Shanghai and Hong Kong were trading with gains.
Wall Street closed with gains on Wednesday.
"Global market construction remains supportive with US indices setting new records. 3.4 per cent decline in US CPI inflation in April sets the stage for a rate cut by the Fed," said VK Vijayakumar, chief investment strategist at Geojit. Is." financial Services.
Global oil benchmark Brent crude rose 0.40 percent to US$83.08 per barrel.
According to exchange data, foreign institutional investors (FIIs) sold equities worth Rs 2,832.8 crore on Wednesday.
Snapping its three-day rally, the 30-share BSE Sensex closed 117.58 points or 0.16 per cent lower at 72,987.03 on Wednesday. NSE Nifty fell 17.3 points or 0.08 per cent to 22,200.55.
In early trade, the 30-share BSE Sensex rose 409.72 points to 73,396.75. NSE Nifty rose 129.45 points to 22,330.
Among Sensex constituents, Bharti Airtel, Infosys, Tech Mahindra, HC Technologies, Mahindra & Mahindra, Reliance Industries and Tata Consultancy Services were among the major gainers.
Maruti, Tata Motors, Power Grid and Larsen & Toubro were among the laggards.
In Asian markets, Seoul, Tokyo, Shanghai and Hong Kong were trading with gains.
Wall Street closed with gains on Wednesday.
"Global market construction remains supportive with US indices setting new records. 3.4 per cent decline in US CPI inflation in April sets the stage for a rate cut by the Fed," said VK Vijayakumar, chief investment strategist at Geojit. Is." financial Services.
Global oil benchmark Brent crude rose 0.40 percent to US$83.08 per barrel.
According to exchange data, foreign institutional investors (FIIs) sold equities worth Rs 2,832.8 crore on Wednesday.
Snapping its three-day rally, the 30-share BSE Sensex closed 117.58 points or 0.16 per cent lower at 72,987.03 on Wednesday. NSE Nifty fell 17.3 points or 0.08 per cent to 22,200.55.
