Markets Rise In Early Trade As Global Trends Remain Positive

On Friday, benchmark equity indices started the day on a positive note, mirroring robust global market trends.

In early trade, the 30-share BSE Sensex rose 180.55 points to 71,045.65. The Nifty gained 58 points to 21,313.05. However, both the benchmark indices experienced erratic patterns following initial euphoria but later recovered to trade with considerable gains.

Tata Steel, Tata Motors, NTPC, JSW Steel, Sun Pharma, and Bajaj Finance were the top Sensex performers.

Among the laggards were Infosys, HDFC Bank, Asian Paints, Tata Consultancy Services, ICICI Bank, and IndusInd Bank.

In Asian markets, Seoul, Tokyo, and Shanghai were all up, while Hong Kong was down.

On Thursday, the US markets finished in the green.

Brent crude advanced 0.92 percent to USD 80.12 per barrel.

According to the exchange data, Foreign Institutional Investors (FIIs) sold securities worth Rs 1,636.19 crore on Thursday.

On Thursday, the BSE benchmark climbed 358.79 points or 0.51 percent to 70,865.10. The Nifty went up 104.90 points or 0.50 percent to 21,255.05.

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