Sensex rises over 170 points in early trade; Nifty 18,250. at over

Dr Reddy̵

7;s was the top gainer in the Sensex pack, rising 1.53%, followed by Nestle India, HCL Tech, Infosys, IndusInd Bank, L&T and ITC.

Dr Reddy’s was the top gainer in the Sensex pack, rising 1.53%, followed by Nestle India, HCL Tech, Infosys, IndusInd Bank, L&T and ITC.

Equity benchmark Sensex climbed over 170 points in early trade on Wednesday, tracking gains in index heavyweights Infosys, HCL Tech and L&T amid a mixed trend in global markets.

Besides, a firming rupee against the US dollar and continued foreign inflows also supported the domestic markets, traders said.

The 30-share BSE index was trading 173.62 points or 0.28% higher at 61,358.77 in opening deals. Similarly, the broader NSE Nifty rose 56.70 points or 0.31% to 18,259.50.

Dr Reddy’s was the top gainer in the Sensex pack, rising 1.53%, followed by Nestle India, HCL Tech, Infosys, IndusInd Bank, L&T and ITC.

On the other hand, Tech Mahindra, HDFC twins, Bajaj Finance, HUL and PowerGrid were the losers.

On Monday, the Sensex had closed 234.79 points or 0.39% higher at 61,185.15 in the previous session. The NSE Nifty closed 85.65 points or 0.47% higher at 18,202.80.

Domestic stock markets remained closed on Tuesday on the occasion of Guru Nanak Jayanti.

The rupee rose 42 paise to 81.50 against the US dollar in early trade on Wednesday.

Foreign institutional investors (FIIs) remained net buyers in the Indian capital markets on Monday as they bought shares worth 1,948.51 crore, according to exchange data. International oil benchmark Brent crude was trading 0.14% lower at $95.23 per barrel.

In Asian markets, shares in Tokyo, Shanghai and Hong Kong were in the red, while Seoul was trading with gains.

Shares on Wall Street closed higher on Tuesday in the previous session.