Sensex jumps over 200 pts in early trade; Nifty tests 11,450

Mumbai (Bombay): National equity benchmark Sensex leaped over 200 points in early trade on Wed.

tracking positive cues from global markets & persistent foreign fund inflows.

The BSE Sensex has been trading 217.77 points (or) 0.57 percent higher in 38,746.09

Aawhile NSE Nifty has been up 63.60 points (or) 0.56 percent in 11,448.95.

SBI has been the top gainer within the Sensex pack, raising about two percent, succeeded by Landamp;T, Mandamp;M, ICICI Bank, Sunday Pharma, Axis Bank, ITC & Bajaj Auto.

On the different hand, HCL Tech, Nestle India(In), Tata Steel, Kotak Bank & Infosys have been amongst the laggards.

Within the recent session, the Sensex had settled in 38,528.32, up 477.54 points (or) 1.26 percent.

Awhile the broader Nifty surged 138.25 points (or) 1.23 percent to end in 11,385.35.

Exchange statistics demonstrated that foreign institutional investors purchased equities value INR 1,134.57 cr on a net basis on Tue..

As per traders, national bourses followed positive cues from US equities that hit new reports within the overnight session, they stated.

Stock exchanges on Wall Street stopped with gains within the overnight session as US govt stimulus packs to aid the economy started demonstrating signs of expansion.

Bourses in Tokyo & Seoul have been trading on a positive note, awhile Shanghai has been within the red.

Investors are also waiting cues from that minutes of US Federal Reserve’s gathering.

Planned to be declared thereafter within the day.

Global oil benchmark Brent crude has been trading 0.66 percent lower in USD 45.16 per barre

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