Sensex surges over 330 points in early trade; Nifty tops 17,800

Titan was the top gainer in the Sensex pack, followed by ICICI Bank, PowerGrid, Kotak Bank, Reliance Industries and HDFC Bank.

Equity benchmark Sensex jumped 335 points in opening trade on Friday, tracking gains in index-heavyweights ICICI Bank, Reliance Industries and HDFC Bank amid mixed cues from Asian markets.

The BSE index was trading 335.30 points or 0.56% higher at 59,937.14 in early trade. Likewise, the Nifty advanced 101.80 points or 0.57% to 17,847.70.

Titan was the top gainer in the Sensex pack, rising over 3 % , followed by ICICI Bank, PowerGrid, Kotak Bank, Reliance Industries and HDFC Bank.

On the other hand, HDFC, Infosys, Dr Reddy’s, M&M and Maruti were among the laggards.

In the previous session, the 30-share index slumped 621.31 points or 1.03% to finish at 59,601.84. Similarly, the broader NSE Nifty plunged 179.35 points or 1% to 17,745.90.

Elsewhere in Asia, bourses in Shanghai, Hong Kong and Seoul were trading with gains in mid-session deals, while Tokyo was negative.

Stock exchanges in the U.S. ended with losses in the overnight session.

Meanwhile, international oil benchmark Brent crude rose 0.77% to $82.62 per barrel.

Foreign institutional investors (FIIs) were net sellers in the capital market, as they sold shares worth ₹1,926.77 crore on Thursday, according to stock exchange data.

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