MUMBAI: Equity indices opened on a firm footing on Thursday with the BSE Sensex rising 239 points in the previous trade amid a mixed trend from global markets.
30-share BSE Sensex It was trading at 52,061.26 with a gain of 238.73 points. The NSE Nifty rose 78.1 points to 15,491.40.
from sensex packBharti Airtel, Wipro, Maruti, TCS, Larsen & Toubro and IndusInd Bank were major gainers in early trade.
On the other hand, Titan, Reliance Industries and Power Grid lagged behind.
Elsewhere in Asia, markets in Tokyo and Seoul were trading lower, while Hong Kong and Shanghai were trading in the green.
On Wednesday, US markets closed with a slight decline.
“Boosting sentiment will be a sharp fall in WTI crude oil prices. However, rising concerns of rising US interest rates, fresh rupee depreciation and unabated FII selling will keep the market volatile,” Prashant Taapsee said. Vice President (Research), Mehta Equities Ltd.
The 30-share BSE Sensex closed at 51,822.53, down 709.54 points or 1.35 per cent on Wednesday. The NSE Nifty ended 225.50 points or 1.44 per cent lower at 15,413.30.
Meanwhile, international oil benchmark Brent crude fell 2.25 per cent to $109.25 a barrel.
Foreign institutional investors (FIIs) remained net sellers in the capital market as they sold shares worth Rs 2,920.61 crore on Wednesday, according to exchange data.