<p>Equity benchmark indices climbed in early trade on Thursday amid unabated foreign fund inflows but later faced volatile trends after a record-breaking rally in the past few trading sessions.</p>.<p>Investors preferred to stay cautious amid weak global market trends and record rally in equities.</p>.<p>The 30-share BSE Sensex climbed 54.09 points to 65,500.13 in early trade. The NSE Nifty went up by 21.15 points to 19,419.65.</p>.<p>Later, both the benchmark indices faced volatile trends and were trading marginally higher.</p>.<p>From the Sensex pack, Nestle, Power Grid, Reliance Industries, Tata Motors, UltraTech Cement, Larsen & Toubro, Kotak Mahindra Bank and Wipro were among the biggest gainers.</p>.<p>IndusInd Bank, Tata Steel, Bajaj Finance, Maruti, HCL Technologies and Hindustan Unilever were among the laggards.</p>.<p>In Asian markets, Seoul, Tokyo, Shanghai and Hong Kong were trading lower.</p>.<p>The US markets ended in the negative territory on Wednesday.</p>.<p>Global oil benchmark Brent crude dipped 0.21 per cent to USD 76.49 a barrel.</p>.<p>"Negative sentiment across the global equities could see local benchmarks struggle in early Thursday trade, with profit-taking likely to continue after yesterday's Federal Open Market Committee (FOMC) minutes meeting hinted that another rate hike in July is on the table.</p>.<p>"Other factors that could weigh on sentiment are US-China tensions, drop in industrial activity in China in June, and overbought technical conditions back home," Prashanth Tapse, Senior VP (Research) at Mehta Equities Ltd, said.</p>.<p>Foreign Institutional Investors (FIIs) continued their buying activity as they bought equities worth Rs 1,603.15 crore on Wednesday, according to exchange data.</p>.<p>"US stocks ended lower on Wednesday with the S&P 500 snapping a three-day winning streak after the minutes of the Federal Reserve's last policy meeting showed almost all participants expected additional interest-rate increases after unanimously deciding to leave rates unchanged in June," Deepak Jasani, Head of Retail Research at HDFC securities, said.</p>.<p>The BSE benchmark had dipped 33.01 points or 0.05 per cent to settle at 65,446.04 on Wednesday after a record-breaking rally. The Nifty eked out marginal gains of 9.50 points or 0.05 per cent to end at its fresh record high of 19,398.50.</p>
<p>Equity benchmark indices climbed in early trade on Thursday amid unabated foreign fund inflows but later faced volatile trends after a record-breaking rally in the past few trading sessions.</p>.<p>Investors preferred to stay cautious amid weak global market trends and record rally in equities.</p>.<p>The 30-share BSE Sensex climbed 54.09 points to 65,500.13 in early trade. The NSE Nifty went up by 21.15 points to 19,419.65.</p>.<p>Later, both the benchmark indices faced volatile trends and were trading marginally higher.</p>.<p>From the Sensex pack, Nestle, Power Grid, Reliance Industries, Tata Motors, UltraTech Cement, Larsen & Toubro, Kotak Mahindra Bank and Wipro were among the biggest gainers.</p>.<p>IndusInd Bank, Tata Steel, Bajaj Finance, Maruti, HCL Technologies and Hindustan Unilever were among the laggards.</p>.<p>In Asian markets, Seoul, Tokyo, Shanghai and Hong Kong were trading lower.</p>.<p>The US markets ended in the negative territory on Wednesday.</p>.<p>Global oil benchmark Brent crude dipped 0.21 per cent to USD 76.49 a barrel.</p>.<p>"Negative sentiment across the global equities could see local benchmarks struggle in early Thursday trade, with profit-taking likely to continue after yesterday's Federal Open Market Committee (FOMC) minutes meeting hinted that another rate hike in July is on the table.</p>.<p>"Other factors that could weigh on sentiment are US-China tensions, drop in industrial activity in China in June, and overbought technical conditions back home," Prashanth Tapse, Senior VP (Research) at Mehta Equities Ltd, said.</p>.<p>Foreign Institutional Investors (FIIs) continued their buying activity as they bought equities worth Rs 1,603.15 crore on Wednesday, according to exchange data.</p>.<p>"US stocks ended lower on Wednesday with the S&P 500 snapping a three-day winning streak after the minutes of the Federal Reserve's last policy meeting showed almost all participants expected additional interest-rate increases after unanimously deciding to leave rates unchanged in June," Deepak Jasani, Head of Retail Research at HDFC securities, said.</p>.<p>The BSE benchmark had dipped 33.01 points or 0.05 per cent to settle at 65,446.04 on Wednesday after a record-breaking rally. The Nifty eked out marginal gains of 9.50 points or 0.05 per cent to end at its fresh record high of 19,398.50.</p>