Sensex, Nifty Rise In Early Trade, Pare Down Later

Mumbai:

The home equity benchmarks climbed successful aboriginal commercialized connected Thursday amid affirmative trends from the US markets.

The 30-share BSE Sensex climbed 139.34 points to 60,244.84 successful archetypal trade. The broader NSE Nifty precocious 39.35 points to 17,935.05.

From the Sensex pack, HCL Technologies, Titan, UltraTech Cement, Larsen & Toubro, Mahindra & Mahindra, Bajaj Finserv, HDFC and Maruti were the large winners.

Asian Paints, Axis Bank, Tata Steel and ICICI Bank were among the laggards.

However, aboriginal some the benchmarks were quoting connected a level note, paring aboriginal gains.

The 30-share BSE benchmark quoted 23.4 points little astatine 60,082.10, portion the Nifty traded 9 points down astatine 17,879.85.

Elsewhere successful Asia, equity markets successful Seoul and Tokyo were trading successful the green, portion Shanghai and Hong Kong quoted lower.

Markets successful the US had ended successful the affirmative territory connected Wednesday.

"The US ostentation information expected contiguous volition beryllium marketplace moving," said V K Vijayakumar, Chief Investment Strategist astatine Geojit Financial Services.

The 30-share BSE benchmark had dipped 9.98 points oregon 0.02 per cent to settee astatine 60,105.50 connected Wednesday. The Nifty skidded 18.45 points oregon 0.10 per cent to extremity astatine 17,895.70.

"Market is apt to summation traction successful aboriginal Thursday commercialized arsenic a steadfast US marketplace adjacent overnight would boost investors' confidence. Investors volition beryllium eyeing the US ostentation information aboriginal today... Back home, IT bellwether Infosys volition denote its Q3 numbers contiguous and traders volition keenly ticker the guidance," said Prashanth Tapse - Research Analyst, Senior VP (Research), Mehta Equities Ltd.

International lipid benchmark Brent crude climbed marginally by 0.01 per cent to USD 82.71 per barrel.

Foreign Institutional Investors (FIIs) offloaded shares worthy Rs 3,208.15 crore connected Wednesday, according to speech data.

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