Sensex Rises Over 200 Points In Volatile Trade, Nifty Trades Above 15,450

Sensex and Nifty started on a higher note today.

New Delhi:

Indian equity benchmarks on Thursday traded higher in opening deals amid mixed cues from the global markets.

Asian shares were mixed as South Korea’s KOSPI index fell 0.80 per cent, Japan’s Nikkei edged 0.01 lower, Shanghai Composite index moved 0.58 per cent higher and Hong Kong’s Hang Seng Index rose 1.12 per cent. Overnight, Wall Street reversed gains and ended the session slightly down.

Investors worried over aggressive rate hikes by the central banks and risks of a global recession.

Trends on the Nifty Futures on Singapore Exchange (SGX Nifty) indicated a tad higher start for the domestic indices.

The 30-share BSE Sensex climbed 230 points or 0.44 per cent to 52,053 in a volatile early session, while the broader NSE Nifty moved 72 points or 0.46 per cent up to trade at 15,485.

Mid- and small-cap shares were trading on a strong note today as Nifty Midcap 100 rose 0.54 per cent and small-cap surged 0.78 per cent.

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