Stock Market Today: Sensex, Nifty Climb In Early Trade On Fresh Foreign Fund Inflows, Buying In Reliance

Stock Market Today: The buying of blue-chip stock Reliance Industries and new inflows of foreign funds propelled the benchmark equity indices, the Sensex and Nifty, higher in early trading on Thursday. Additionally, analysts noted that a generally stable trend in Asian markets contributed to the improvement in domestic stocks. In opening trade, the 30-share BSE Sensex increased 197.83 points to 81,196.08. At 24,691.20, the NSE Nifty increased by 71 points.

Top Gainers and Losers

The largest winners among the Sensex companies were Power Grid, Eternal, Sun Pharm, Reliance Industries, Mahindra & Mahindra, HCL Tech, Adani Ports, and NTPC.

Among the laggards were Hindustan Unilever, Bajaj Finance, Nestle, and Bajaj Finserv.

On Wednesday, foreign institutional investors (FIIs) became purchasers. Based on exchange data, they purchased stocks valued at Rs 1,076.18 crore.

Global Markets

While Japan's Nikkei 225 index quoted lower, Hong Kong's Hang Seng, Shanghai's SSE Composite index, and South Korea's Kospi were all trading in the positive zone in Asian markets. Wednesday saw a mixed finish for US markets.

Brent crude, a global oil benchmark, fell 0.12% to USD 64.78 per barrel.

The 30-share BSE Sensex rose 260.74 points, or 0.32 per cent, on Wednesday, ending the day at 80,998.25. The Nifty increased to 24,620.20, up 77.70 points, or 0.32 per cent.