Sensex, Nifty recover in early trade, lifted by firm trend in global markets
The Hindu
Mkt rebound after 1% fall; Sensex up 235 pts; Nifty 76 pts; NTPC, Tata Motors, JSW Steel, Tata Steel, SBI, L&T, RIL, Sun Pharma, Airtel, ITC gain; Infosys, Wipro, Asian Paints, HCL Tech, TCS, Axis Bank lag; Global cues, rising interest rate, US dollar, bond yields, crude oil prices to impact intra-day.
The equity benchmark indices rebounded in early trade on Friday after a nearly 1% decline on the previous day, amid positive trends in the global markets.
The 30-share BSE Sensex climbed 235.61 points to 65,743.93 in early trade. The Nifty advanced 76.7 points to 19,600.25.
Among the Sensex firms, NTPC, Tata Motors, JSW Steel, Tata Steel, State Bank of India, Larsen & Toubro, Reliance Industries Ltd, Sun Pharma, Bharti Airtel and ITC were the biggest gainers.
Infosys, Wipro, Asian Paints, HCL Technologies, Tata Consultancy Services and Axis Bank were among the laggards.
In Asian markets, Tokyo, Shanghai and Hong Kong were trading in positive territory.
The US markets ended in the green on Thursday.
Global oil benchmark Brent crude climbed 0.05 per cent to $95.43 a barrel.
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