Following a rise in global markets with the US Fed keeping rates constant, equity benchmark indices recovered nearly 1 percent in early trade on Thursday.
In early trade, the 30-share BSE Sensex rose 593.8 points to 64,185.13. The Nifty gained 179.3 points to 19,168.45.
IndusInd Bank, Kotak Mahindra Bank, Axis Bank, Titan, Infosys, Bajaj Finance, State Bank of India, Tata Consultancy Services, ICICI Bank, and HDFC Bank were the top gainers on the Sensex.
Tata Steel was the sole laggard.
Seoul, Tokyo, Shanghai, and Hong Kong were all trading in the green in Asian markets.
On Wednesday, the US markets finished higher.
Brent crude rose 0.99 percent to USD 85.47 a barrel.
According to data exchange, foreign institutional investors (FIIs) sold securities worth Rs 1,816.91 crore on Wednesday.
On Wednesday, the BSE benchmark fell 283.60 points, or 0.44 percent, to 63,591.33. The Nifty lost 90.45 points, or 0.47 percent, to 18,989.15.
Also read: Watchdog says democracy is in trouble, declining in many countries
Criminal lawyer Vijay Aggarwal weighed in on the charges against Adani. He believes the indictment…
After a major sell-off earlier in the week, Adani Group stocks, led by Ambuja Cements…
A sharp rally in financial stocks and encouraging US labor market data fueled the uptrend.…
PM Narendra Modi held 31 bilateral meetings and discussions during his visit to Nigeria, Brazil,…
These words were added during the 42nd Amendment in 1976, under the tenure of Prime…
During the hearing, the Supreme Court clarified that the six MLAs removed as Chief Parliamentary…