The Bombay Stock Exchange (BSE) emblem is seen on the BSE constructing in Mumbai.
| Photo Credit: REUTERS
Equity benchmark indices bounced again in early trade on Friday amid a rally in world markets and steady international fund inflows.
The 30-share BSE Sensex climbed 135.43 factors to 62,984.07 in early trade. The NSE Nifty superior 42.1 factors to 18,676.65.
From the Sensex pack, IndusInd Bank, Titan, Tata Motors, UltraTech Cement, Larsen & Toubro, Axis Bank, Bajaj Finance and Bharti Airtel have been the largest gainers.
Tata Steel, Mahindra & Mahindra, Infosys, State Bank of India and Kotak Mahindra Bank have been among the many laggards.
In Asian markets, Seoul, Tokyo, Shanghai and Hong Kong have been buying and selling in the inexperienced.
The U.S. markets ended in the optimistic territory on Thursday.
According to Prashanth Tapse, Senior VP (Research), Mehta Equities Ltd, intra-day volatility may persist as buyers concern the Federal Reserve may stay hawkish at its June 14 assembly after a shock rate of interest hike by Bank of Canada.
Global oil benchmark Brent crude dipped 0.51% to $75.57 a barrel.
Foreign Institutional Investors (FIIs) purchased equities value ₹212.40 crore on Thursday, in response to trade information.
The Sensex fell 294.32 factors or 0.47% to settle at 62,848.64 on Thursday. The NSE Nifty declined 91.85 factors or 0.49% to finish at 18,634.55.
