Markets trade higher in early trade on buying in bank stocks, rally in Asian peers
The Hindu
Sensex and Nifty rise in early trade on Friday with bank stocks leading gains amid firm Asian markets.
Benchmark indices Sensex and Nifty climbed in early trade on Friday (December 27, 2024) amid buying in bank stocks and a largely firm trend in the Asian markets.
The 30-share BSE benchmark Sensex climbed 311.48 points to 78,783.96 in early trade. The NSE Nifty went up by 98.1 points to 23,848.30.
From the 30 blue-chip pack, Tata Motors, Mahindra & Mahindra, IndusInd Bank, Bajaj Finance, NTPC, Bharti Airtel, Bajaj Finserv and ICICI Bank were among the biggest gainers.
HCL Technologies, Adani Ports, Tata Consultancy Services and Larsen & Toubro were the laggards.
In Asian markets, Tokyo, Shanghai and Hong Kong traded higher while Seoul quoted lower.
U.S. markets ended on a flat note on Thursday.
Global oil benchmark Brent crude traded marginally up by 0.01% to $73.27 a barrel.
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Scaling Artificial Intelligence(AI) at the speed at which consultants project is not possible by the laws of physics and may not be environmentally sustainable, said Tanvir Khan, who is the Executive Vice President and Chief Operating Officer of NTT DATA North America, part of the Japanese technology services and data centre company NTT Data, in an interview with The Hindu.
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