Stock markets update: Equity benchmark indices opened in green registering marginal gains in early trade on Wednesday amid positive global cues. In the early trade, the 30-share BSE Sensex climbed 79 points to 81,535.12 Meanwhile, the Nifty was also up by 15 points to 24,872.50.
From the Sensex pack, NTPC, Asian Paints, JSW Steel, Bharti Airtel, ITC, ICICI Bank, Adani Ports, and Special Economic Zone and Tech Mahindra were the major gainers. Power Grid, Tata Motors, IndusInd Bank, Axis Bank, Reliance Industries and Kotak Mahindra Bank were among the laggards. In the Asian markets, Shanghai, Hong Kong, and Seoul are trading higher while Tokyo is quoting in the negative territory. The US markets settled on a mixed note on Tuesday.
Global oil benchmark Brent crude is rose 1.49 per cent to USD 79.80 a barrel. Foreign institutional investors offloaded equities worth Rs 5,598.64 crore on Tuesday, according to exchange data.
Rupee against dollar
Meanwhile, the rupee rose 2 paise to 83.71 against the US currency in early trade on Wednesday following a marginal dip in the dollar in overseas markets. At the interbank currency exchange, the domestic currency opened at 83.72, 1 paisa higher than the previous day's close. The domestic unit moved in the tight range of 83.70-83.72 in early trade. Forex traders said the rise in Brent crude oil prices offset the rupee's gains following the decline in dollar rates overseas.
(With PTI inputs)
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