
Sensex gains over 500 points in early trade; Nifty above 17,650
The Hindu
The BSE benchmark declined 310.71 points to settle at 58,774.72 on Thursday
Equity benchmark Sensex climbed over 500 points in early trade on Friday, tracking gains in index-heavyweights Titan, Wipro and Infosys amid a firm trend in global markets.
Foreign fund inflows into capital markets also added to the momentum, traders said.
The BSE Sensex climbed 520.85 points to 59,295.57 in early trade. Likewise, the broader NSE Nifty advanced 163.4 points to 17,685.85.
From the Sensex pack, Titan, Tech Mahindra, Mahindra & Mahindra, Tata Steel, Kotak Mahindra Bank, Wipro, Infosys and Axis Bank were among the major winners.
On the other, Bharti Airtel and Nestle were the laggards.
In Asia, markets in Seoul, Tokyo, Shanghai and Hong Kong were trading in the green in mid-session deals.
Wall Street had ended with gains on Thursday.

The U.S. has launched two investigations under Section 301 of the Trade Act of 1974 against India and other economies to examine practices that may be ‘unreasonable or discriminatory and burden or restrict U.S. commerce’. One probe examines whether countries, including India, are using excess manufacturing capacity to export to the U.S. in a manner that hurts American businesses, while another looks at whether countries have taken ‘sufficient steps’ to prohibit imports of goods produced with forced labour.












