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April 25, 2024 7:18 am

Markets climb in early trade; turn flat later

Mumbai, January 12

The domestic equity benchmarks climbed in early trade on Thursday amid positive trends from the US markets.

The 30-share BSE Sensex climbed 139.34 points to 60,244.84 in initial trade. The broader NSE Nifty advanced 39.35 points to 17,935.05.

From the Sensex pack, HCL Technologies, Titan, UltraTech Cement, Larsen & Toubro, Mahindra & Mahindra, Bajaj Finserv, HDFC and Maruti were the major winners.

Asian Paints, Axis Bank, Tata Steel and ICICI Bank were among the laggards.

However, later both benchmarks were quoting on a flat note, paring early gains.

The 30-share BSE benchmark quoted 23.4 points lower at 60,082.10, while the Nifty traded 9 points down at 17,879.85.

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

International oil benchmark Brent crude climbed marginally by 0.01 per cent to USD 82.71 per barrel.

Foreign Institutional Investors offloaded shares worth Rs 3,208.15 crore on Wednesday, according to exchange data.

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