The S&P BSE Sensex index rose as much as 370 points to touch 52,956.39 in the first few minutes of trade, and the broader NSE Nifty 50 benchmark climbed to as high as 15,876.90, up 114 points from its previous close.
was the top Nifty50 gainer in early deals, up 1.70 per cent. , Maruti, Tata Consumer and Cipla were among other blue-chip top performers.
On the other hand, Tata Steel was the top laggard, down 0.61 per cent. , , Hindalco and were among other losers.
Maruti gained 2 per cent, while BHEL fell 2 per cent in early trade.
Equities in other Asian markets were trading mostly higher. MSCI’s broadest index of Asia-Pacific shares outside Japan was down by 0.02 per cent.
On Wall Street, the three benchmark indices ended lower. Dow Jones shed 0.42% to 34,935.47, while S&P 500 declined 0.54% to 4,395.26. Nasdaq fell 0.71% to 14,672.68.
Meanwhile, in the oil market, crude prices fell with Brent futures down 81 cents, or 1%, to $74.60 a barrel, while US West Texas Intermediate (WTI) crude futures dropped 69 cents, or 0.9%, to $73.26 a barrel.
