Sensex rises over 350 points in opening trade; Nifty 17,300. at over

Titan was the top gainer in the Sensex pack, followed by Axis Bank, Kotak Bank, UltraTech Cement, ICICI Bank, M&M, Reliance Industries and HDFC.

Equity benchmark Sensex jumped over 350 points in early trade on Friday led by strong gains in major indices like ICICI Bank, Reliance Industries and HDFC amid mixed cues from Asian markets.

The 30-share index was trading 364.54 points or 0.63% higher at 58,158.86 in early trade. Similarly, Nifty rose 104.05 points or 0.60% to reach 17,308.

Titan was the top gainer in the Sensex pack, rising over two per cent, followed by Axis Bank, Kotak Bank, UltraTech Cement, ICICI Bank, M&M, Reliance Industries and HDFC.

On the other hand, NTPC, Tech Mahindra, IndusInd Bank and Infosys were among the laggards.

In the previous session, the 30-share index closed down 12.17 points or 0.02% at 57,794.32. On the other hand, the NSE Nifty closed at 17,203.95, down 9.65 points or 0.06%.

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

Stock exchanges in the US ended the overnight session with losses.

Meanwhile, international oil benchmark Brent crude slipped 0.80% to $78.89 a barrel.

Foreign institutional investors (FIIs) were net sellers in the capital market as they sold shares worth ₹986.32 crore on Thursday, according to stock exchange data.

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