Markets climb in early trade on positive global trends

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Key Points

Equity benchmark indices Sensex and Nifty climbed in early trade on Monday helped by buying in banking and financial stocks amid a positive trend in global equities...

The 30-share BSE Sensex jumped 460.38 points or 0.57 per cent to 81,841.74 in early trade..

The NSE Nifty climbed 138.80 points or 0.56 per cent to 25,103.05...

Foreign Institutional Investors (FIIs) offloaded equities worth Rs 4,162.66 crore on Friday, while Domestic Institutional Investors (DIIs) bought equities worth Rs 3,730.87 crore, according to exchange data...

This trend of FII selling and DII buying is likely to sustain in the near-term since Chinese stocks continue to be cheap compared to the elevated valuations in India, V K Vijayakumar, Chief Investment Strategist, Geojit Financial Services, said...

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