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April 25, 2024 1:42 am

Markets trade higher in early trade; Nifty tests 17k level

Mumbai, March 29

Benchmark indices were trading in the positive territory in early trade on Wednesday amid fresh foreign fund inflows and buying in HDFC twins.

The 30-share BSE Sensex advanced 218.68 points to 57,832.40 in initial trade. The broader NSE Nifty climbed 71.5 points to 17,023.20.

Among the Sensex firms, Mahindra & Mahindra, Hindustan Unilever, HCL Technologies, Tata Motors, Bajaj Finserv, Bajaj Finance, HDFC Bank and HDFC were the major gainers.

IndusInd Bank, Reliance Industries, Tata Steel and Axis Bank were the laggards.

In Asian markets, Japan and Hong Kong were trading in the green while Seoul and Shanghai quoted lower.

The US markets ended lower on Tuesday.

Meanwhile, global oil benchmark Brent crude advanced 0.19 per cent to USD 78.80 per barrel.

Foreign Portfolio Investors turned buyers on Tuesday as they bought equities worth Rs 1,531.13 crore, according to exchange data.

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