Sensex, Nifty Rally in Early Trade Amid Positive Global Sentiment

Apr 15 ( BNP): Indian stock markets started the trading session on a strong note on Wednesday, supported by positive global cues and easing crude oil prices.

The BSE Sensex rose sharply by 1,422.85 points to 78,270.42 in early trade, while the Nifty 50 advanced 438.25 points to 24,280.90.

The upward movement was driven by gains in global equities and a decline in oil prices, which slipped below the $100 per barrel level. Market sentiment also improved amid expectations of renewed diplomatic talks between the United States and Iran.

All Sensex constituents traded in positive territory during early deals, with strong buying seen in stocks such as InterGlobe Aviation, Infosys, Tata Consultancy Services, Eternal, Larsen & Toubro, and Bajaj Finance.

Overall, investors showed strong buying interest, reflecting improved risk appetite in global and domestic markets.