The Sensex stock index jumped more than 214 points in early trading Thursday, tracking gains in the HDFC twins, Reliance Industries and Maruti amid largely positive signs from their Asian counterparts.

in a 10.30 amThe 30-share index traded 420 points, or 0.73 percent, at 58,105 in initial deals. Similarly, the Nifty Index rose 119 points, or 0.69 percent, to 17,285 points.

M&M was the biggest gainer in the Sensex package, rising 2.38 percent. HDFC, PowerGrid, Titan, Sun Pharma, Maruti, HCL Tech and Reliance Industries were among the other gainers.

On the other hand, L&T, ICICI Bank, Nestle India, Axis Bank and Tech Mahindra were among the losers.

In the previous session, the BSE Sensex 30-share index rose 619.92 points, or 1.09 percent, to close at 57,684.79. Similarly, the NSE Nifty Index rose 183.70 points, or 1.08 percent, to 17,166.90 points.

Elsewhere in Asia, exchanges in Shanghai, Hong Kong and Seoul were trading gains in mid-session trades, while Tokyo was in the red.

Stocks in the US ended with losses in the evening session.

Brent crude, the global benchmark, rose 1.07 percent to $69.61 a barrel.

Meanwhile, India’s merchandise exports rose 26.49 percent year-on-year to $29.88 billion in November thanks to better performance of key sectors, while trade deficit hit a record $23.27 billion with higher crude oil and gold imports.

Foreign institutional investors (FIIs) remained net sellers in the capital market, selling shares worth Rs 2,765.84 crore on Wednesday, according to exchange data. PTI BAL DRR DRR

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