Share Market Live Updates Today: The benchmark indices Nifty50 and Sensex ended their four-day losing streak in early trade on Thursday, supported by a rebound in global equities. Gains in Reliance Industries, Larsen & Toubro, and Bajaj Finance led the recovery in the Nifty50.
As of 10:00 AM, the Nifty50 was trading 0.5 per cent or 154.95 points higher at 24,635, and the Sensex was trading 0.55 per cent or 437.75 points higher at 79,553.94
Among Sensex constituents, Reliance Industries, Adani Ports and Special Economic Zone, and Bajaj Finance emerged as the top gainers in early trade.
Broader markets outpaced the benchmarks, with the Nifty Midcap 100 rising 1.07% and the Nifty Smallcap 100 gaining 1.11%.
On the sectoral front, the Nifty Realty Index led the gains, followed by the Nifty Oil & Gas Index and the Nifty Auto Index.
Global Cues
Most markets in the Asia-Pacific rose in early trade on Thursday as sentiment improved after an overnight recovery in Wall Street indices. South Korea’s Kospi jumped over 12 per cent and recouped losses from the previous session. Japan’s Nikkei 225 rose over 4 per cent.
On Wednesday, the S&P 500 and the Dow Jones Industrial Average ended 0.78 per cent and 0.49 per cent higher, respectively. The Nasdaq Composite ended 1.29 per cent higher. A rally in megacap technology stocks and positive US service economy data lifted the sentiment, according to Bloomberg.
In commodities, Brent crude extended gains to its fifth day as traders remained concerned about the supply outlook. Iran has threatened to attack vessels passing through the Strait of Hormuz, which has kept many refiners stranded, impacting supply.
Brent crude was trading 0.57 per cent higher at $82.98 per barrel.
Gold prices rose over 1 per cent on Thursday, as investors continued to seek safety in the bullion amid ongoing tension between the US and Iran.
