Business

Equity Benchmark Indices Rise In Early Trading; Sensex Soars 242 Points

The equity benchmark indices Sensex and Nifty rose in early trade on Wednesday, extending their winning streak to the fourth day in a row, amid a rally in global equities.

In early trade, the 30-share BSE Sensex soared 242.49 points to 73,980.94, while The NSE Nifty moved up 63 points to 22,431.

HAL, Jindal Steel & Power, Cholamandalam Invest, Cipla, JSW Steel, Hindalco, Godrej Consumer, and Havells India were the top gainers.

Among the laggards were Tata Consumer, Zydus, ICICI Prudential, Zomato, JIO Financial Serv., Bosch, and Infosys.

In Asian markets, Tokyo, Taiwan, Malaysia, Hong Kong, South Korea, and Shanghai were all trading in positive territory.

US markets concluded with gains on Tuesday.

Brent crude gained 0.02 percent to USD 88.44 per barrel.

According to exchange data, Foreign Institutional Investors (FIIs) sold securities worth Rs 3,044.54 crore on Tuesday.

On Tuesday, the Sensex climbed 89.83 points or 0.12 percent to 73,738.45, while the Nifty jumped 31.60 points or 0.14 percent to 22,368.

Also read: Equities Soar For 3rd Day On Strong Global Trends

Spriha Rai

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