Markets trade firm on global rally, fresh foreign fund inflows

New Delhi: Equity benchmark indices extended their rally in early trade on Tuesday, following optimism in global markets and fresh foreign fund inflows.

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The 30-share BSE Sensex climbed 152.31 points to 74,823.59 in morning deals. The NSE Nifty went up by 52.9 points to 22,696.30.

From the Sensex basket, Mahindra & Mahindra, Maruti, Tata Motors, UltraTech Cement, HCL Technologies and Nestle were the major gainers.

Bharti Airtel, Tech Mahindra, HDFC Bank and State Bank of India were among the laggards.

Wall Street ended with gains on Monday.

Global oil benchmark Brent crude declined 0.11 percent to USD 88.30 a barrel.

Foreign Institutional Investors (FIIs) turned buyers on Monday after continuous offloading. They bought equities worth Rs 169.09 crore, according to exchange data.

The BSE benchmark jumped 941.12 points or 1.28 percent to settle at 74,671.28 on Monday. The NSE Nifty went up by 223.45 points or 1 percent to 22,643.40.

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