Markets trade higher in early trade amid firm global equities

The 30-share BSE benchmark climbed 249.58 points to 60,081.24 in early trade. On similar lines, the broader NSE Nifty advanced 80.75 points to 17,811.50.

Updated on: Oct 25, 2022, 10:10:34 IST

By HT News Desk

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Equity benchmarks began the trade on a positive note on Tuesday, with the BSE Sensex climbing over 60,000-mark in early trade, in tandem with firm global markets.

The 30-share BSE benchmark climbed 249.58 points to 60,081.24 in early trade. On similar lines, the broader NSE Nifty advanced 80.75 points to 17,811.50.

In the Sensex pack, Maruti, Dr Reddy's, ICICI Bank, UltraTech Cement, Tata Steel, Mahindra & Mahindra, Tech Mahindra and Larsen & Toubro were among the major winners.

IndusInd Bank, Nestle, Power Grid, Hindustan Unilever and Bajaj Finserv were among the laggards.

Elsewhere in Asia, markets in Seoul, Tokyo, Shanghai and Hong Kong were trading in the green.

Wall Street had ended higher on Monday.

In a special one-hour Muhurat trading session on Monday to mark the beginning of Hindu Samvat year 2079, the BSE benchmark jumped 524.51 points or 0.88 per cent to end at 59,831.66.

The Nifty advanced 154.45 points, or 0.88 per cent, to finish at 17,730.75.

International oil benchmark Brent crude was trading 0.25 per cent higher at USD 93.49 per barrel.

Foreign Institutional Investors (FIIs) offloaded shares worth ₹153.89 crore on Monday, as per exchange data.

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HT News Desk
Follow the latest breaking news, major developments and agenda-setting stories from India and around the world with the newsdesk at Hindustan Times. Operating round the clock, the desk brings together experienced editors, reporters and correspondents to deliver fast, accurate and contextual reporting across subjects that influence public policy, governance, business, society and international affairs. The HT News Desk covers politics, elections, government policies, the economy, business and markets, science and technology, the environment, law and order, infrastructure, education, climate issues and geopolitics, while closely tracking developments across states, institutions and global capitals. The team also leads coverage of major breaking news events, policy announcements, court proceedings, natural disasters, public emergencies and significant international developments. Reports published by the newsdesk are based on information gathered from reporters on the ground, official statements, government agencies, court records, regulatory filings, recognised institutions and other authoritative sources. Stories undergo editorial scrutiny and verification processes to ensure accuracy, fairness and relevance, and are updated as events evolve and additional information becomes available. Whether covering a key political decision in New Delhi, an economic policy shift affecting millions, a landmark court ruling or a major global event, the HT News Desk aims to provide readers with reliable, fact-based journalism that delivers not only the latest developments but also the context and analysis needed to understand their wider implications.Read More

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