Markets climb in early trade on firm Asian peers
The Hindu
Sensex and Nifty rise on optimistic trade, fueled by Asian markets, Reliance Industries, and easing retail inflation.
Benchmark indices Sensex and Nifty began the trade on an optimistic note on Wednesday (January 15, 2025) mirroring a firm trend in Asian peers and buying in bellwether stock Reliance Industries.
Easing retail inflation also added to the markets' strength.
The 30-share BSE benchmark Sensex climbed 401.53 points to 76,901.16 in early trade. The NSE Nifty advanced 97.5 points to 23,273.55.
From the 30-share blue-chip pack, Maruti, NTPC, Zomato, IndusInd Bank, Power Grid, Kotak Mahindra Bank, Reliance Industries, Adani Ports, Tech Mahindra, and Larsen & Toubro were the biggest gainers.
Bajaj Finserv, Bajaj Finance, Axis Bank and Mahindra & Mahindra were among the laggards.
In Asian markets, Seoul, Tokyo and Hong Kong traded in the positive territory while Shanghai quoted lower.
US markets ended mostly higher on Tuesday.
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