Sensex opens in green above 59,200; Nifty gains 100 points

The BSE Sensex climbed 503.56 points to 59,412.91 after starting the trade on a positive note.

Updated on: Mar 3, 2023, 10:34:11 IST

PTI | By HT News Desk

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Market benchmarks climbed in early trade on Friday, bouncing back from the previous day's fall, following a positive trend in global equities and fresh foreign fund inflows.

Benchmark indices are expected to open in green on Friday amidst positive global cues. (PTI)

The BSE Sensex climbed 503.56 points to 59,412.91 after starting the trade on a positive note. The NSE Nifty advanced 157.15 points to 17,479.05.

From the Sensex pack, State Bank of India, Power Grid, IndusInd Bank, NTPC, HCL Technologies, Bharti Airtel, ITC, Mahindra & Mahindra, Reliance Industries and HDFC Bank were the major gainers.

Asian Paints was the only laggard.

In Asian markets, Seoul, Japan, China and Hong Kong were trading in the green.

The US markets had ended higher on Thursday.

Foreign Portfolio Investors (FPIs) bought shares worth ₹12,770.81 crore on Thursday, according to exchange data.

The BSE benchmark had tumbled 501.73 points or 0.84 per cent to settle at 58,909.35 on Thursday. The Nifty declined 129 points or 0.74 per cent to end at 17,321.90.

Also read: India replacing China as major player in Russian oil market | Why Moscow prefers Delhi

International oil benchmark Brent crude dipped 0.40 per cent to USD 84.43 per barrel.

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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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