Business

Sensex rises 400 points in early trade

Sensex rises 400 points in early trade

TIL Desk/Business/Mumbai/Equities opened on a strong note on Tuesday with Sensex jumping more than 400 points and the broader Nifty crossing the 18,000-level amid continuing foreign fund inflows and positive global trends.

 The 30-share Sensex rose for the fourth consecutive session and surged 419 points to 60,534 points. As many as 28 constituents of the index were trading in the green.

 The broader NSE Nifty crossed the 18,000-level in the early trade. The index jumped 111.35 points to 18,047.70 points. Asian markets, including South Korea and Hong Kong, were trading higher.

On Monday, the US and European markets closed in the green territory. On Monday, the Sensex closed above the 60,000 level, gaining for the third straight session.

It closed higher by 321.99 points at a three-week high of 60,115.13. The Nifty too had ended in the positive territory, rising 103 points to close at 17,936.35.

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