Sensex, Nifty trade firm after initial lacklustre trend
The Hindu
Reliance Industries, Asian Paints, Wipro, Maruti, Tech Mahindra, Kotak Mahindra Bank, Infosys and Bajaj Finserv were the major winners in early trade.
Benchmark indices faced a lacklustre trend in early trade on Monday, but later traded higher amid foreign fund inflows and a decline in crude oil prices.
The 30-share BSE Sensex traded flat in early trade, marginally up by 15.81 points to 62,309.45. The broader NSE Nifty quoted 5 points higher at 18,517.75.
Later, both the benchmark indices picked up momentum. The Sensex was trading 103.38 points higher at 62,404.71 at 09:49 a.m. and the Nifty quoted 24.85 points up at 18,537.60.
Among the Sensex pack, Reliance Industries, Asian Paints, Wipro, Maruti, Tech Mahindra, Kotak Mahindra Bank, Infosys and Bajaj Finserv were the major winners in early trade.
HDFC, Tata Steel, HDFC Bank and IndusInd Bank were among the laggards.
Elsewhere in Asia, markets in Seoul, Tokyo, Shanghai and Hong Kong were trading lower.
Wall Street had ended mostly lower on Friday.
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