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
The Sensex dropped 930.67 points, or 1.22 per cent, to settle at 75,364.69. It moved…
The SC will hear the Muslim side’s petition in the Mathura Krishna Janmabhoomi dispute on…
Justice Amit Mahajan said that even if DNA proves the accused is the biological father…
The SC allowed Yasin Malik to cross-examine prosecution witnesses via video conferencing from Tihar jail,…
The Delhi HC directed Customs Department officials not to confiscate old or personal jewellery worn…
Prime Minister Narendra Modi on Friday unveiled a 21-point action plan at the BIMSTEC Summit…