Markets trade higher in early trade on buying in Reliance, HDFC twins; firm Asian equities
The Hindu
Equity benchmark indices climbed in early trade on March 28 tracking a firm trend in Asian markets and buying in index major Reliance Industries, HDFC twins and IT counters.
Equity benchmark indices climbed in early trade on March 28 tracking a firm trend in Asian markets and buying in index major Reliance Industries, HDFC twins and IT counters.
The 30-share BSE Sensex climbed 295.59 points to 57,949.45 in early trade. The broader NSE Nifty advanced 76.05 points to 17,061.75.
Among the Sensex firms, Tata Steel, Reliance Industries, Tata Consultancy Services, ICICI Bank, HCL Technologies, Wipro, HDFC Bank and HDFC were the prominent winners in early trade.
Bharti Airtel, Tata Motors, Power Grid and Nestle were among the laggards.
In Asian markets, Seoul, Japan, Shanghai and Hong Kong were trading in the green.
The U.S. markets ended on a mixed note on Monday.
"Early optimism could be seen in Tuesday's trade on the back of positive cues from other Asian indices even as the U.S. markets ended mixed overnight.
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