Markets climb in early trade ahead of RBI's interest rate decision
The Hindu
The 30-share BSE Sensex jumped 321.42 points to 72,473.42 in early trade.
Equity benchmark indices climbed in early trade on Thursday ahead of the Reserve Bank of India's interest rate decision, amid a rally in global markets.
The 30-share BSE Sensex jumped 321.42 points to 72,473.42 in early trade. The Nifty climbed 80.55 points to 22,011.05.
Among the Sensex firms, PowerGrid jumped over 4% after the company posted a 10.5% rise in consolidated net profit to ₹4,028.25 crore in the December quarter, mainly on the back of higher revenues.
HCL Technologies, IndusInd Bank, State Bank of India, Mahindra & Mahindra, Tata Consultancy Services and NTPC were the other major gainers.
ITC, Maruti, Bajaj Finance and Asian Paints were among the laggards.
In Asian markets, Seoul, Tokyo and Shanghai were trading in the positive territory while Hong Kong quoted lower.
The U.S. markets ended with gains on Wednesday.
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