Sensex Rises Nearly 200 Points in Early Trade; Nifty Tops 11,550 Mark

In the previous session, Sensex ended 323 points or 0.82 per cent lower at 38,979.85, while Nifty fell 88.45 points or 0.76 per cent to 11,516.10. Meanwhile, exchange data showed that foreign institutional investors sold equities worth Rs 249.82 crore on a net basis on Thursday.

According to traders, positive start in Asian equities nudged domestic stocks higher. Bourses in Shanghai, Hong Kong, Seoul and Tokyo were trading with gains in mid-day deals.

However, stock exchanges on Wall Street ended on a negative note in overnight trade. Meanwhile, global oil benchmark Brent crude was trading 0.46 per cent higher at USD 43.50 per barrel.