PTI
Mumbai, July 13
Benchmark indices bounced back on Wednesday after two days of decline with the Sensex climbing 324.61 points in early trade amid positive trends in Asian markets.
The 30-share BSE Sensex opened on a positive note and advanced 324.61 points to 54,211.22. The broader NSE Nifty climbed 81.3 points to 16,139.6.
Among the Sensex constituents, Hindustan Unilever, Asian Paints, Bajaj Finserv, Power Grid, Larsen & Toubro and Bajaj Finance were the major gainers.
HCL Technologies, Reliance Industries and HDFC Bank were the laggards.
Meanwhile, in Asia, markets in Shanghai, Seoul, Tokyo and Hong Kong were trading in the green.
The US markets had ended lower on Tuesday.
Retail inflation eased slightly to 7.01 per cent in June but was above the central bank’s tolerance band for the sixth month in a row, signalling more interest rate hikes in future.
In May, retail inflation was 7.04 per cent, government data released on Tuesday showed.
Meanwhile, international oil benchmark Brent crude climbed 0.27 per cent to USD 99.75 per barrel.
Foreign institutional investors remained net sellers on Tuesday as they offloaded shares worth Rs 1,565.68 crore, as per exchange data.
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