Sensex jumps over 400 points in early trade; Nifty above 17,400 level
The Hindu
In the previous trade, the BSE Sensex closed up by 696.81 points or 1.22% at 57,989.30. The Nifty climbed 197.90 points or 1.16% to finish at 17,315.50
Market benchmark Sensex surged over 400 points in early trade on March 23, tracking gains in index heavyweights Reliance Industries, Bajaj Finance and ICICI Bank amid a largely positive trend in global equities.
Extending the previous day’s rally, the 30-share BSE benchmark was trading 427.26 points higher at 58,416.56. Similarly, the broader NSE Nifty jumped 126.9 points to 17,442.40.
From the 30-share pack, Dr. Reddy’s Laboratories, Sun Pharma, Bajaj Finance, IndusInd Bank, Reliance Industries Limited, SBI, Axis Bank, ICICI Bank and Kotak Mahindra Bank were the lead gainers in early trade.
In contrast, Bharti Airtel, Asian Paints, Maruti Suzuki India and Infosys were among the laggards.
In the previous trade, the BSE Sensex closed up by 696.81 points or 1.22% at 57,989.30. The Nifty climbed 197.90 points or 1.16% to finish at 17,315.50.
Equity exchanges in Seoul, Hong Kong and Tokyo were trading higher in mid-session deals, while Shanghai quoted marginally lower.
Stock exchanges in the U.S. ended largely higher in the overnight session.
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