Equity benchmark indices rose in early trading on Thursday, ahead of the Reserve Bank of India’s interest rate decision, as global markets rallied.
The 30-share BSE Sensex climbed 321.42 points to 72,473.42 in early trading. The Nifty jumped 80.55 points to 22,011.05.
The notable gainers were PowerGrid, HCL Technologies, IndusInd Bank, State Bank of India, Mahindra & Mahindra, Tata Consultancy Services, and NTPC.
Among the laggards were Asian Paints, Maruti, ITC, and Bajaj Finance.
In Asian markets, Seoul, Tokyo, and Shanghai were all up, while Hong Kong was down.
The US markets closed higher on Wednesday.
Brent crude gained 0.42 percent to US$79.54 a barrel.
According to the exchange data, Foreign Institutional Investors (FIIs) sold securities worth Rs 1,691.02 crore on Wednesday.
On Wednesday, the Bombay Stock Exchange benchmark slipped 34.09 points, or 0.05 percent, to 72,152, while the Nifty closed up 1.10 points, or 0.01 percent, at 21,930.50.
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