Stock markets update: Sensex surges over 200 points, Nifty up by 57 points to 22,662 in early trade

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Stock markets update: Sensex surges over 200 points, Nifty up by 57 points to 22,662 in early trade


Image Source : PTI The picture has been used for consultant functions solely.

Stock markets replace: Equity benchmark indices opened larger in early trade on Thursday amid constructive world cues. In the early trade, the 30-share BSE Sensex climbed 204.88 points to 74,687.66. Meanwhile, the Nifty was additionally up by 57.35 points to 22,662.20 points.

Major gainers and losers

From the Sensex basket, Power Grid, Mahindra & Mahindra, Asian Paints, Tata Steel, Sun Pharma and HDFC Bank had been among the many main gainers. Kotak Mahindra Bank, Maruti, Wipro and Titan had been among the many laggards.

In Asian markets, Tokyo and Hong Kong had been buying and selling with positive aspects whereas Seoul and Shanghai quoted decrease. Wall Street ended on a combined notice on Wednesday. (*57*) oil benchmark Brent crude climbed 0.53 per cent to USD 83.


88 a barrel. Foreign Institutional Investors (FIIs) purchased equities price Rs 1,071.93 crore on Tuesday, in accordance to alternate knowledge.

Rupee in opposition to greenback

Meanwhile, the rupee traded on a flat notice at 83.43 in opposition to the US greenback in early trade on Thursday amid a powerful buck after the American central financial institution determined to preserve the rate of interest unchanged.

Forex merchants stated that an upward motion in the crude oil costs additionally pressured the Indian foreign money. However, it discovered help from constructive home fairness market sentiment and influx of international capital. At the interbank international alternate, the home unit opened robust at 83.41 however later slipped to its earlier closing stage of 83.43 in opposition to the greenback.

(With PTI inputs)

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