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Markets opened on a constructive observe on Thursday, February 15, 2024, with Sensex and Nifty rising in early trade as buyers tracked constructive Asian and world cues.
The 30-share benchmark Sensex gained 115.89 factors or 0.16 per cent to 71,938.72 factors whereas the broader Nifty climbed 36.90 factors or 0.17 per cent to 21,876.95 factors.
In the Sensex pack, Mahindra and Mahindra, NTPC, Tata Steel, Wipro and Infosys have been among the many gainers whereas Reliance Industries and Maruti Suzuki have been buying and selling marginally decrease.
Deepak Jasani, Head of Retail Research at HDFC Securities, mentioned equities in Asia opened increased Thursday after Wall Street resumed a rally as strong earnings helped overcome worries about persistent inflation.
“All three major stock indexes in the US finished higher on Wednesday, shaking off weakness seen earlier in the day, as investors considered whether there may have been an overreaction to US inflation data in the previous session,” he mentioned.
On Wednesday, home fairness market reversed its early losses and closed in the constructive territory. While Sensex jumped 267.64 factors or 0.37 per cent to shut at 71,822.83 factors, Nifty went up 96.80 factors or 0.45 per cent to finish the day at 21,840.05 factors.
Foreign Institutional Investors (FIIs) have been internet sellers on Wednesday as they offloaded shares value ₹3,929.60 crore, based on trade information.
