Equity Markets Recover In Early Trade On Strong Global Trends

Benchmark equity indices recovered in early trade on Thursday, following two days of decline as global markets recovered.

In the early trade, the 30-share BSE Sensex rose 383.31 points to 65,609.35. The Nifty gained 108.95 points to 19,545.05.

Titan, ICICI Bank, Larsen & Toubro, Infosys, Tata Consultancy Services, ITC, and Tata Motors were the top gainers on the Sensex.

The laggards were Power Grid and Nestle.

Seoul, Tokyo, Shanghai, and Hong Kong were all trading in the green in Asian markets.

On Wednesday, the US markets finished in the green.

Brent crude gained 0.71 percent to USD 86.42 per barrel.

According to exchange data, Foreign Institutional Investors (FIIs) sold securities worth Rs 4,424.02 crore on Wednesday.

On Wednesday, the BSE benchmark fell 286.06 points or 0.44 percent to 65,226.04. The Nifty lost 92.65 points or 0.47 percent to 19,436.10.

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