Share Market News Today, October 12: The benchmark equity indices on the BSE and National Stock Exchange (NSE) opened around 0.2 per cent higher and inching further up during the early trade on Wednesday with the Nifty 50 reclaiming the 17,000 mark in the early deals as a fall in global oil prices boosted sentiment, while investors awaited the retail inflation data and quarterly results from IT-major Wipro later in the day.
At 9:36 am, the S&P BSE Sensex was up 277.49 points (0.49 per cent) at 57,424.81 while the broader Nifty was at 17,058.00, up 74.45 points (0.44 per cent).
On the Sensex pack, Power Grid, HCL Tech, M&M, Tech Mahindra, Wipro and NTPC were the top gainers in the early trade while Asian Paints, Bharti Airtel and Dr. Reddy’s were the top losers.
India is the third-largest importer and consumer of crude oil globally and it benefits from a fall in prices as it brings down imported inflation.
More to follow
