Sensex climbs 166 points in early trade amid fresh foreign fund inflows
The Hindu
Equity indices rise on foreign fund inflows, US market rally; Trump's tariff threats cause volatility. Market outlook uncertain.
Equity benchmark indices began the trade on a firm note on Wednesday (November 27, 2024) amid fresh foreign fund inflows and a rally in the US markets.
Concerns over tariff threats by U.S. President-elect Donald Trump, however, instilled volatility in the market during the morning trade.
The BSE benchmark Sensex climbed 166.1 points to 80,170.16 in early trade. The NSE Nifty went up 74.35 points to 24,268.85.
However, later both the benchmark indices turned volatile. The BSE benchmark gauge traded 60.26 points higher at 80,055.58 and the Nifty quoted 16.55 points up at 24,211.10.
From the 30-share Sensex pack, Mahindra & Mahindra, Kotak Mahindra Bank, Adani Ports, HCL Technologies, Tech Mahindra and NTPC were among the gainers.
IndusInd Bank, Bharti Airtel, Tata Steel, UltraTech Cement were among the laggards.
Foreign Institutional Investors (FIIs) bought equities worth ₹1,157.70 crore on Tuesday (Novembe 27, 2024), according to exchange data.
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