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Equity benchmark indices trade higher in early trade

Equity benchmarks began the trade on a positive note on October 27 helped by buying in index majors like Reliance Industries and banking counters

PSU Watch Bureau

Mumbai: Equity benchmarks began the trade on a positive note on October 27 helped by buying in index majors, Reliance Industries and banking counters amid mixed global market trends. The 30-share BSE benchmark climbed 415.98 points to 59,959.94 in early trade. On similar lines, the broader NSE Nifty advanced 127.55 points to 17,783.90.

Performance of share market on October 25

The BSE benchmark had declined 287.70 points or 0.48 percent to finish at 59,543.96 on October 25. The Nifty fell 74.40 points or 0.42 percent to end at 17,656.35. The exchange data said, Foreign Institutional Investors (FIIs) offloaded shares worth Rs 247.01 crores on October 25.

Bullish market trend and performance of various stocks

In the Sensex pack, Titan, Tata Steel, Kotak Mahindra Bank, Sun Pharma, HDFC, Dr Reddy's, Reliance Industries, HDFC Bank, Axis Bank and IndusInd Bank were the major winners in early trade.

Maruti, NTPC, HCL Technologies, Infosys and Bajaj Finance were among the laggards.

Performance of other markets worldwide

Markets in Seoul and Hong Kong traded higher, while Tokyo and Shanghai quoted lower.

Wall Street had ended on a mixed note on Wednesday.

Stock markets were closed on Wednesday for 'Diwali Balipratipada'.

International oil benchmark Brent crude was trading 0.27 per cent higher at USD 95.95 per barrel.

(With PTI inputs)

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