Equity benchmark Sensex jumped over 250 points in early trade on November 3 led by gains in major indices Reliance Industries, L&T and Infosys amid a positive trend in US markets ahead of US Fed’s policy results.
The 30-share index was trading 282.15 points or 0.47% higher at 60,311.21 in opening deals. Similarly, Nifty rose 84.20 points or 0.47% to reach 17,973.15.
Tech Mahindra was the top gainer in the Sensex pack, up nearly 2%, led by L&T, NTPC, Bajaj Finance, SBI and UltraTech Cement.
On the other hand, Sun Pharma, Titan, Asian Paints, HDFC Bank and HUL were among the laggards.
In the previous session, the 30-share index fell 109.40 points, or 0.18%, to 60,029.06 and the Nifty was down 40.70 points or 0.23% at 17,888.95.
Foreign institutional investors (FIIs) became net buyers in the capital market as they bought shares worth Rs 244.87 crore on November 2, according to exchange data.
Elsewhere in Asia, shares in Shanghai, Hong Kong and Seoul were trading with losses in mid-session deals, while the Tokyo Stock Exchange was closed on November 3.
Stock exchanges in the US ended the overnight session with gains ahead of the Federal Reserve’s policy outcome scheduled for tonight.
Meanwhile, international oil benchmark Brent crude fell 1.24% to $83.67 a barrel.
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