{"id":103247,"date":"2023-05-23T10:35:54","date_gmt":"2023-05-23T05:05:54","guid":{"rendered":"https:\/\/tradebrains.in\/features\/?p=103247"},"modified":"2023-05-23T10:35:55","modified_gmt":"2023-05-23T05:05:55","slug":"markets-rally-for-3rd-day-running-sensex-climbs-over-62000-level-in-early-trade","status":"publish","type":"post","link":"https:\/\/tradebrains.in\/features\/markets-rally-for-3rd-day-running-sensex-climbs-over-62000-level-in-early-trade\/","title":{"rendered":"Markets rally for 3rd day running; Sensex climbs over 62,000 level in early trade"},"content":{"rendered":"<div class=\"trade-content_2\" style=\"margin-left: auto;margin-right: auto;text-align: center;\" id=\"trade-180859386\"><p><a href=\"https:\/\/tradebrains.in\/get\/telegram\/\"><img decoding=\"async\" class=\"alignnone wp-image-101992\" src=\"https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2023\/01\/telegram-channel-300x119.png\" alt=\"\" width=\"148\" height=\"59\" \/><\/a> <a href=\"https:\/\/news.google.com\/publications\/CAAqBwgKMN3Epgswxc--Aw?hl=en-IN&amp;gl=IN&amp;ceid=IN%3Aen\"><img decoding=\"async\" class=\"alignnone wp-image-123430\" src=\"https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2024\/05\/follow-on-google-news-300x82.png\" alt=\"follow-on-google-news\" width=\"222\" height=\"61\" srcset=\"https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2024\/05\/follow-on-google-news-300x82.png 300w, https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2024\/05\/follow-on-google-news-150x41.png 150w, https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2024\/05\/follow-on-google-news.png 468w\" sizes=\"(max-width: 222px) 100vw, 222px\" \/><\/a><\/p>\n<\/div><p>Benchmark indices began the trade on a positive note on Tuesday, rallying for the third day running, amid fresh foreign fund inflows and continuous buying in IT counters.<\/p><div class=\"trade-content_7\" style=\"margin-left: auto;margin-right: auto;text-align: center;\" id=\"trade-2018921406\"><!-- Composite Start --> \r\n <div id=\"M923760ScriptRootC1549812\"> \r\n <\/div> \r\n <script src=\"https:\/\/jsc.mgid.com\/t\/r\/tradebrains.in.1549812.js\" async> \r\n <\/script> \r\n <!-- Composite End --><\/div><p>The 30-share BSE Sensex climbed 187.61 points to 62,151.29 in early trade. The NSE Nifty advanced 69.35 points to 18,383.75.<\/p><p>Among the Sensex firms, Infosys, Bajaj Finserv, IndusInd Bank, Bajaj Finance, HCL Technologies, Tech Mahindra, Wipro, Tata Consultancy Services, Asian Paints and ITC were the major gainers.<\/p><p>Titan, Kotak Mahindra Bank, Bharti Airtel, Mahindra &amp; Mahindra and Tata Motors were the laggards.<\/p><div class=\"trade-content_5\" id=\"trade-2392035628\"><script async src=\"https:\/\/pagead2.googlesyndication.com\/pagead\/js\/adsbygoogle.js?client=ca-pub-4023722985638610\"\r\n     crossorigin=\"anonymous\"><\/script>\r\n<!-- in_content_2_news -->\r\n<ins class=\"adsbygoogle\"\r\n     style=\"display:block\"\r\n     data-ad-client=\"ca-pub-4023722985638610\"\r\n     data-ad-slot=\"7925020301\"\r\n     data-ad-format=\"auto\"\r\n     data-full-width-responsive=\"true\"><\/ins>\r\n<script>\r\n     (adsbygoogle = window.adsbygoogle || []).push({});\r\n<\/script><\/div><p>In Asian markets, Seoul and Tokyo were trading in the green, while Shanghai and Hong Kong quoted lower.<\/p><p>The US market ended mostly with gains on Monday.<\/p><p>&#8220;The silver lining lies in the fact that the looming June 1st deadline for raising the US debt limit, which could potentially lead to a financial crisis, seems to be having minimal impact on the Nifty,&#8221; said Prashanth Tapse, Senior VP (Research), Mehta Equities Ltd.<\/p><p>US President Joe Biden and House Speaker Kevin McCarthy both said they had a productive debt ceiling discussion late Monday at the White House, but there was no agreement as negotiators strained to raise the nation&#8217;s borrowing limit in time to avert a potentially chaotic federal default.<\/p><p>Foreign Institutional Investors (FIIs) turned buyers on Monday as they bought equities worth Rs 922.89 crore after a day&#8217;s breather, according to exchange data.<\/p><p>Meanwhile, global oil benchmark Brent crude climbed 0.29 per cent to USD 76.21 a barrel.<\/p><div class=\"trade-content-10\" id=\"trade-1171636218\"><script async src=\"https:\/\/pagead2.googlesyndication.com\/pagead\/js\/adsbygoogle.js?client=ca-pub-4023722985638610\"\r\n     crossorigin=\"anonymous\"><\/script>\r\n<!-- in_content_3_news -->\r\n<ins class=\"adsbygoogle\"\r\n     style=\"display:block\"\r\n     data-ad-client=\"ca-pub-4023722985638610\"\r\n     data-ad-slot=\"2969612066\"\r\n     data-ad-format=\"auto\"\r\n     data-full-width-responsive=\"true\"><\/ins>\r\n<script>\r\n     (adsbygoogle = window.adsbygoogle || []).push({});\r\n<\/script><\/div><p>The BSE benchmark climbed 234 points or 0.38 per cent to settle at 61,963.68 on Monday. The Nifty rallied 111 points or 0.61 per cent to end at 18,314.40.<\/p><div class=\"trade-after-content\" id=\"trade-4098125436\"><div id=\"taboola-below-article-thumbnails\"><\/div>\r\n<script type=\"text\/javascript\">\r\n  window._taboola = window._taboola || [];\r\n  _taboola.push({\r\n    mode: 'alternating-thumbnails-a',\r\n    container: 'taboola-below-article-thumbnails',\r\n    placement: 'Below Article Thumbnails',\r\n    target_type: 'mix'\r\n  });\r\n<\/script>\r\n<script type=\"text\/javascript\">\r\n  window._taboola = window._taboola || [];\r\n  _taboola.push({flush: true});\r\n<\/script><\/div>","protected":false},"excerpt":{"rendered":"<p>Benchmark indices began the trade on a positive note on Tuesday, rallying for the third day running, amid fresh foreign fund inflows and continuous buying in IT counters. The 30-share BSE Sensex climbed 187.61 points to 62,151.29 in early trade. The NSE Nifty advanced 69.35 points to 18,383.75. Among the Sensex firms, Infosys, Bajaj Finserv, [&hellip;]<\/p>\n","protected":false},"author":13,"featured_media":25483,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_et_pb_use_builder":"","_et_pb_old_content":"","_et_gb_content_width":"","footnotes":""},"categories":[1697,31],"tags":[],"class_list":["post-103247","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-economy","category-news"],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v20.5 (Yoast SEO v25.0) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Markets rally for 3rd day running; Sensex climbs over 62,000 level in early trade - Trade Brains Features<\/title>\n<meta name=\"description\" content=\"Benchmark indices began the trade on a positive note on Tuesday, rallying for the third day running, amid fresh foreign fund inflows and continuous buying in IT counters.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/tradebrains.in\/features\/markets-rally-for-3rd-day-running-sensex-climbs-over-62000-level-in-early-trade\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Markets rally for 3rd day running; 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