Equity benchmark indices rallied in early trade today amid buying in IT and bank stocks along with a sharp cut in Brent crude oil prices.
The BSE Sensex climbed 327.39 points to 82,300.44 in early trade. The NSE Nifty went up by 84.1 points to 25,212.05. From the 30 Sensex firms, Asian Paints, Bharti Airtel, Infosys, Mahindra & Mahindra, Titan, Bajaj Finance, HCL Technologies and ICICI Bank were among the major gainers.
From the blue-chip pack, Tata Steel, Power Grid, Axis Bank, JSW Steel, Reliance and NTPC were the laggards. Global oil benchmark Brent crude dropped 2.98% to $75.15 a barrel.
In Asian markets, Seoul and Tokyo were quoting in the positive territory while Shanghai and Hong Kong traded lower. The US markets ended higher on Monday.
Foreign Institutional Investors (FIIs) offloaded equities worth Rs 3,731.59 crore on Monday, according to exchange data. However, Domestic Institutional Investors (DIIs) bought equities worth Rs 2,278.09 crore.
The BSE Sensex climbed 327.39 points to 82,300.44 in early trade. The NSE Nifty went up by 84.1 points to 25,212.05. From the 30 Sensex firms, Asian Paints, Bharti Airtel, Infosys, Mahindra & Mahindra, Titan, Bajaj Finance, HCL Technologies and ICICI Bank were among the major gainers.
From the blue-chip pack, Tata Steel, Power Grid, Axis Bank, JSW Steel, Reliance and NTPC were the laggards. Global oil benchmark Brent crude dropped 2.98% to $75.15 a barrel.
In Asian markets, Seoul and Tokyo were quoting in the positive territory while Shanghai and Hong Kong traded lower. The US markets ended higher on Monday.
Foreign Institutional Investors (FIIs) offloaded equities worth Rs 3,731.59 crore on Monday, according to exchange data. However, Domestic Institutional Investors (DIIs) bought equities worth Rs 2,278.09 crore.