Sensex rises over 100 points in early trade, Nifty above 16,300

The 30-share index was trading 149.24 points or 0.27 per cent higher at 54,703.90, while the broader NSE Nifty advanced 46.95 points or 0.29 per cent to 16,327.05.

Mumbai: Equity benchmark Sensex jumped over 100 points in early trade on Wednesday, tracking gains in index majors HDFC Bank, Tata Steel and Axis Bank, amid a largely positive trend in global markets. The 30-share index was trading 149.24 points or 0.27 per cent higher at 54,703.90, while the broader NSE Nifty advanced 46.95 points or 0.29 per cent to 16,327.05. Tata Steel was the top gainer in the Sensex pack, rising over 2 per cent, followed by NTPC, SBI, Axis Bank, HDFC Bank and PowerGrid.