Categories: Business

Sensex rose more than 250 points in the initial trade

Mumbai: Equity Benchmark Sensex jumped more than 250 points in early trade on Wednesday led by an increase in the Reliane Industries, L & T and Infosys index in the middle of a positive trend in the US market ahead of the results of US policy.
The 30-stock index traded 282.15 points or 0.47 percent higher at 60,311.21 in the initial transaction.
Similarly, Nifty rose 84.20 points or 0.47 percent to 17,973.15.
Tech Mahindra is the main enhancer in the sensex package, up about 2 percent, followed by L & T, NTPC, Bajaj Finance, SBI and Ultratech Cement.
On the other hand, Sun Pharma, Titan, Cat Asia, HDFC Bank and Hul are sluggish.
In the previous session, the 30-sharing index ended 109.40 points or 0.18 percent lower at 60,029.06, and Nifty fell by 40.70 points or 0.23 percent to 17,888.95.
Foreign institutional investors (FIIS) change clean buyers in the capital market, because they buy shares worth 244.87 crore on Tuesday, according to data exchange.
Elsewhere in Asia, the stock exchange in Shanghai, Hong Kong and Seoul traded with losses in the middle agreement, while the Tokyo Stock Exchange was closed on Wednesday.
The stock market in the US ended with profits in an overnight session ahead of the results of the Federal Reserve policy, scheduled for tonight.
Meanwhile, Brent’s international oil benchmark fell 1.24 percent to $ 83.67 per barrel.

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