Markets climb in early trade on firm global trends

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Key Points

Benchmark equity indices climbed in early trade on Thursday amid a firm trend in global equities and buying in banking stocks...

The 30-share BSE Sensex jumped 309.85 points or 0.38 per cent to 81,776.95 in early trade..

The record highs in the US market, positive trends in Asian markets, and the Reserve Bank of Indias dovish commentary have uplifted market sentiment, Vikas Jain, Head of Research at Reliance Securities, said.. Global oil benchmark Brent Crude climbed 0.77 per cent to USD 77.18 a barrel...

The monetary policy committee, which included three RBI officials and an equal number of new external members, voted five-to-one to keep the benchmark repurchase or repo rate - which governs the interest rate of home, auto, corporate and other loans - at 6.5 per cent for a 10th straight policy meeting...

On Wednesday, the 30-share BSE Sensex fell 167.71 points or 0.21 per cent to close at 81,467.1 and NSE Nifty dropped 31.20 points or 0.12 per cent to end at 24,981.95..

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