Sensex surges over 200 points in early trade; Nifty tops 18K

Mumbai, November 2

Equity benchmark Sensex jumped over 200 points in early trade on Tuesday led by gains in index majors TCS, Maruti and Bajaj Finance amid a largely positive trend in global markets.

The 30-share index was trading 228.13 points or 0.38 per cent higher at 60,366.59 in initial deals. Similarly, the Nifty rose 73.50 points or 0.41 per cent to 18,003.15.

NTPC was the top gainer in the Sensex pack, rising around 3 per cent, followed by Maruti, PowerGrid, Bajaj Finance, Bajaj Finserv, HUL and Titan.

On the other hand, Sun Pharma, IndusInd Bank, Tech Mahindra, Tata Steel and Kotak Bank were among the laggards.

In the previous session, the 30-share index ended 831.53 points or 1.40 per cent higher at 60,138.46, and Nifty rose 258 points or 1.46 per cent to 17,929.65.

Foreign institutional investors were net sellers in the capital market, as they offloaded shares worth Rs 202.13 crore on Monday, as per exchange data.

Elsewhere in Asia, bourses in Shanghai and Tokyo were trading with losses in mid-session deals, while Hong Kong and Seoul were positive.

Stock exchanges in the US also ended with gains in the overnight session.

Meanwhile, international oil benchmark Brent crude rose 0.15 per cent to USD 84.84 per barrel. PTI