file image. , Photo Credit: PTI
The benchmark indices were trading in positive territory in early trade on March 29 amid fresh foreign fund inflows and buying in HDFC twins.
The 30-share BSE Sensex rose 218.68 points to 57,832.40 in early trade. The broader NSE Nifty climbed 71.5 points to 17,023.20.
Among Sensex firms, Mahindra & Mahindra, Hindustan Unilever, HCL Technologies, Tata Motors, Bajaj Finserv, Bajaj Finance, HDFC Bank and HDFC Bank were the major gainers.
IndusInd Bank, Reliance Industries, Tata Steel and Axis Bank were the laggards.
In Asian markets, Japan and Hong Kong were trading in the green while Seoul and Shanghai declined.
US markets closed down on Tuesday.
“In the absence of near-term cues, markets are likely to remain range-bound for a few more days before taking a new direction. Maternal markets will weigh on news related to inflation, Fed’s response and banking crisis. Signals from the US will weigh in the near term. markets,” said VK Vijayakumar, chief investment strategist at Geojit Financial Services.
On March 28, the Sensex fell 40.14 points or 0.07% to close at 57,613.72. The Nifty closed 34 points or 0.20% down at 16,951.70.
Meanwhile, global oil benchmark Brent crude rose 0.19% to $78.80 per barrel.
Foreign portfolio investors (FPIs) turned buyers on March 28 as they bought equities worth ₹1,531.13 crore, according to exchange data.