• Source:JND
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Stock Market Today: Domestic benchmark indices -Sensex and Nifty- were trading in positive territory in early trade on Wednesday amid fresh foreign capital inflows and steady trends in US markets. The 30-share BSE benchmark Sensex rose 151.6 points to 78,735.41. The NSE Nifty rose 68.05 points to 23,807.30.

IndusInd Bank, Tata Motors,  Zomato,  NTPC,  Power Grid, and Infosys are the major beneficiaries of the 30-share blue-chip pack. However, Asian Paints fell 4.51 per cent after the company reported a 23.5 per cent fall in consolidated net profit to Rs 1,128.43 crore in the October-December quarter of 2024.

Nestle, Mahindra & Mahindra, Sun Pharma, and Titan are also among the laggards.

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Seoul is trading positively in Asian markets while Hong Kong and Tokyo are trading low.

Foreign institutional investors turned buyers on Tuesday after steady selling over the past several days. They bought equity worth Rs 809.23 crore, according to exchange data.

Brent crude, the global benchmark, fell 0.43 per cent to $75.87 a barrel.

The 30-share BSE benchmark rose 1,397.07 points, or 1.81 per cent, to hit a one-month high of 78,583.81 points in last trading session on Tuesday. The Nifty rose 378.20 points, or 1.62 per cent, to 23,739.25, a level not seen since January 3.

The rupee traded in a narrow range in early trade on Wednesday, falling 9 paise to 87.16 against the US dollar.

At interbank forex, the rupee opened at 87.13, later falling to 87.16 against the US currency, down 9 paise from the previous close. The stock recovered 4 paise from its all-time low on Tuesday to close at 87.07 against the US dollar.

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