Sensex jumps 310 points in early trade on firm global trends
The Hindu
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Benchmark equity indices climbed in early trade on Thursday (October 10, 2024) amid a firm trend in global equities and buying in banking stocks.
Market participants will closely watch Q2 earnings season, starting with Tata Consultancy Services which is set to report its results later in the day, traders said.
The 30-share BSE Sensex jumped 309.85 points or 0.38 per cent to 81,776.95 in early trade. The NSE Nifty went up 90.70 points or 0.36 per cent to 25,072.65.
From the 30 Sensex companies, PowerGrid, NTPC, Kotak Mahindra Bank, Axis Bank, Mahindra and Mahindra and Larsen & Toubro were among the gainers.
Infosys, Sun Pharmaceuticals, Bharti Airtel, Asian Paints, Tech Mahindra and ICICI Bank were among the laggards.
In Asian markets, Tokyo, Shanghai, Hong Kong and Seoul were trading higher.
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