Markets Recover In Early Trading Following Two Days Of Declines

Equity benchmark indices rose in early trading on Thursday after sliding the previous two days, owing to buying in Bajaj Finance and Reliance Industries.

In early trade, the 30-share BSE Sensex climbed 351.88 points to 71,708.48. The Nifty advanced 99 points to 21,616.35.

Bajaj Finance, NTPC, Bajaj Finserv, Tata Motors, Power Grid, Infosys, Mahindra & Mahindra, Nestle, Titan, and Reliance Industries were the top winners on Sensex.

Among the laggards were HCL Tech, Tata Steel, Maruti, and Bharti Airtel.

In Asian markets, Seoul, Tokyo, Shanghai, and Hong Kong were all trading in red.

On Wednesday, the US markets concluded lower.

Brent crude gained 0.27 percent to USD 78.46 per barrel in early trade.

According to exchange data, Foreign Institutional Investors (FIIs) sold securities worth Rs 666.34 crore on Wednesday.

On Wednesday, the BSE benchmark slid 535.88 points or 0.75 percent to 71,356.60. The Nifty sank 148.45 points or 0.69 percent to 21,517.35.

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