Sensex, Nifty climb in early trade after 7-day decline
The Hindu
Sensex and Nifty rise on optimistic trade pact news, US market rally; key gainers include ICICI Bank, Infosys.
Equity benchmark indices Sensex and Nifty began the trade on an optimistic note on Friday (February 14, 2025) after India and the United States agreed to conclude the first phase of a mutually beneficial ambitious trade pact by this year and set a target of USD 500 billion in annual bilateral trade by 2030.
A rally in the US markets overnight also drove the domestic equities higher.
The 30-share BSE benchmark Sensex climbed 344.09 points to 76,483.06 in early trade. The NSE Nifty went up by 102.3 points to 23,133.70.
From the 30-share blue-chip pack, ICICI Bank, HCL Tech, Infosys, ITC, Tech Mahindra and Maruti were among the biggest gainers.
Adani Ports, Zomato, Sun Pharma and NTPC were among the laggards.
In Asian markets, Seoul, Shanghai and Hong Kong traded higher while Tokyo quoted lower.
The U..S. markets ended higher on Thursday.