Markets rise in early trading following two days of declines

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.

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