The effect of foreign capital inflow in the stock market, Sensex and Nifty rise in early trade


Bajaj Auto, L&T, M&M, Infosys, Nestle India, Reliance Industries and Bharti Airtel were among the top gainers.

Mumbai. Major stock indices Sensex and Nifty opened with gains on Wednesday amid continued inflow of foreign capital. However, during this period, there was a negative trend in most of the Asian stock markets, due to which the Indian markets also saw limited gains. The rise in crude oil prices also weighed on investor sentiment. During this period, the 30-share index was up 64.24 points or 0.11 per cent at 58,311.33. Similarly, the NSE Nifty rose 22.05 points or 0.13 per cent to 17,402.05. The biggest gain of 0.93 percent in the Sensex was in Titan.

Besides, Bajaj Auto, L&T, M&M, Infosys, Nestle India, Reliance Industries and Bharti Airtel were among the top gainers. On the other hand, IndusInd Bank, Axis Bank, HDFC Twins, HCL Tech and Tata Steel were trading in the red. In the previous session, the Sensex closed 69.33 points or 0.12 per cent higher at 58,247.09, while the Nifty rose 24.70 points or 0.14 per cent to end at 17,380.

Foreign institutional investors (FIIs) bought shares worth Rs 1,649.60 crore on a gross basis on Tuesday, according to provisional stock market data. Meanwhile, international oil benchmark Brent crude was up 0.38 per cent at $73.88 per barrel.

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