Mumbai. Sensex and Nifty rose in early trade on Wednesday in line with the rise in global markets on hopes of possible easing of tensions in the ongoing conflict in West Asia. BSE Sensex rose 1,899.53 points to 73,847.08 in early trade while NSE Nifty rose 572.55 points to 22,903.95.
Shares of all 30 companies included in the Sensex rose. Shares of Trent, Bharat Electronics, Adani Ports, Bajaj Finance, InterGlobe Aviation and Larsen & Toubro were the biggest gainers. In Asian markets, South Korea’s Kospi, Japan’s Nikkei 225, China’s SSE Composite and Hong Kong’s Hang Seng were in the lead.
The Kospi jumped nearly seven percent, while the Nikkei 225 rose more than four percent. US markets closed with significant gains on Tuesday. Stock markets were closed on Tuesday on the occasion of Shri Mahavir Jayanti.
The price of international standard Brent crude stood at $ 105.3 per barrel with an increase of 1.29 percent. According to stock market data, foreign institutional investors (FIIs) were on the losing side on Monday and sold shares worth Rs 11,163.06 crore. On the other hand, domestic institutional investors (DIIs) bought shares worth Rs 14,894.72 crore.
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