On Wednesday, the Sensex closed 709.54 points down at 51,822.53, while the Nifty fell 225.50 points to end at 15,413.30
On Wednesday, the Sensex closed 709.54 points down at 51,822.53, while the Nifty fell 225.50 points to end at 15,413.30
Equity indices opened on a firm footing on Thursday after a sharp fall in the previous trade with the BSE Sensex rising 239 points amid a mixed trend in global markets.
The 30-share BSE Sensex was trading at 52,061.26 with a gain of 238.73 points. The NSE Nifty rose 78.1 points to 15,491.40.
From the Sensex pack, Bharti Airtel, Wipro, Maruti, TCS, Larsen & Toubro and IndusInd Bank were among the major gainers in early trade.
On the other hand, Titan, Reliance Industries and Power Grid lagged behind.
Elsewhere in Asia, markets in Tokyo and Seoul were trading lower, while Hong Kong and Shanghai were trading in the green.
US markets closed with a slight decline on Wednesday.
“Boosting sentiment will be a sharp fall in WTI crude oil prices. However, rising concerns of rising US interest rates, fresh rupee depreciation and unabated FII selling will keep the market volatile,” Prashant Taapsee said. Vice President (Research), Mehta Equities Ltd.
The 30-share BSE Sensex closed at 51,822.53, down 709.54 points or 1.35% on Wednesday. The NSE Nifty fell 225.50 points or 1.44% to end at 15,413.30.
Meanwhile, international oil benchmark Brent crude fell 2.25% to $109.25 a barrel.
Foreign institutional investors (FIIs) remained net sellers in the capital market as they sold shares worth Rs 2,920.61 crore on Wednesday, according to exchange data.