Stock Market Live Sensex Nifty BSE NSE | Early gains in the market, Sensex and Nifty are trading on the green mark

Early gains in the stock market, Sensex and Nifty are trading on the green mark

Highlights

  • Shares of Bharti Airtel, PowerGrid, NTPC, Sun Pharma and RIL have been gainers.
  • Asian markets were trading with moderate to deep losses
  • Brent crude is up 0.15 percent at $82.30 a barrel

Mumbai. Sensex and Nifty registered gains during early trading on Wednesday due to rise in shares of Telecom, Power and Energy. The BSE Sensex rose 187.89 points or 0.32 per cent to 58,852.22 in opening trade and NSE’s Nifty also rose 59.85 points or 0.34 per cent to end at 17,563.20. Shares of Bharti Airtel, PowerGrid, NTPC, Sun Pharma and Reliance Industries were among the gainers in the Sensex. Of these, there was an increase of 2.04 percent. On the other hand, the shares of Bajaj Finserv, Tech Mahindra, Maruti, Asian Paints and Infosys registered a decline during the early trade.

Analysts said the telecom sector is currently the focus of the stock markets. The big companies of the sector have started increasing the rates, which will increase the profits of the telecom companies. In the previous session, the Sensex rose 198.44 points or 0.34 per cent to 58,465.89 and the Nifty climbed 86.80 points or 1.96 per cent or 0.50 per cent to end at 17,503.35. Other markets in Asia were trading with moderate to deep losses due to rise in US bond yields and volatility in global crude oil prices.

Foreign institutional investors (FIIs) were also net sellers in the capital market on Tuesday. According to the stock market data, he sold shares worth Rs 4,477.06 crore. Meanwhile, international oil benchmark Brent crude was up 0.15 per cent at $82.30 a barrel.

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