Stock Market Today: The domestic benchmark indices rose in early trade on Thursday, following the upside in IT stocks and affirmative trends in US stock markets after the Federal Reserve maintained its expectations of an interest rate cut this year. The 30-share BSE index 'Sensex' and NSE's Nifty 50 soared over 0.5% in the opening hour. At around 10:24 am, the Sensex was at 75,868.27, up 0.56% or 419 points. Meanwhile, Nifty 50 rose 149.1 points to 23,056.70.
Top gainers: Among Sensex stocks, Tata Consultancy Services, Infosys, HCL Tech, Zomato, Tech Mahindra, Bharti Airtel, Titan and Mahindra & Mahindra were trading in the green.
Top Losers: Bajaj Finance, UltraTech Cement, Adani Ports and Tata Steel were the top losers in the Sensex pack.
International Market
In Asian markets, Seoul traded in positive territory while Shanghai and Hong Kong traded lower. US markets rose sharply on Wednesday.
Rupee rises 12 paise
The rupee rose 12 paise to 86.25 in early trade on Thursday, reflecting weakness in domestic equity markets and weakness in the US currency in the overseas market. At the interbank foreign exchange market, the rupee opened at 86.39 against the dollar and later rose marginally to 86.25, 12 paise higher than its previous close.
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