<p>Mumbai: Equity benchmark indices Sensex and Nifty rallied in early trade on Thursday, taking their winning momentum to the third day running, amid optimism following a ceasefire between Iran and Israel.</p>.<p>The 30-share BSE Sensex climbed 163.27 points to 82,918.78 in early trade. The 50-share NSE Nifty went up 64.35 points to 25,309.10.</p>.<p>Later, the BSE benchmark traded 415.98 points higher at 83,171.49, and the Nifty quoted 115.50 points up at 25,359.45.</p>.<p>From the 30-Sensex firms, Bharat Electronics Ltd, Tata Steel, Eternal, Bharti Airtel, Bajaj Finance, and Adani Ports were among the major gainers.</p>.<p>Tech Mahindra, Kotak Mahindra Bank, State Bank of India, and Tata Consultancy Services were the laggards.</p>.Rupee rises 21 paise against US dollar in early trade.<p>"With ceasefire between Israel and Iran, globally markets are in a risk-on mode. But since the reciprocal tariff issue remains to be addressed, sustained rally would be difficult. The market focus in the near-term will be on what transpires around July 9 when the 90-day pause of the reciprocal tariff ends," V K Vijayakumar, Chief Investment Strategist, Geojit Investments Ltd, said.</p>.<p>In Asian markets, Japan's Nikkei 225 index and Shanghai's SSE Composite index were trading higher while South Korea's Kospi and Hong Kong's Hang Seng quoted lower.</p>.<p>US markets ended on a mixed note on Wednesday.</p>.<p>Global oil benchmark Brent crude climbed 0.22 per cent to $67.83 a barrel.</p>.<p>Foreign Institutional Investors (FIIs) offloaded equities worth Rs 2,427.74 crore on Wednesday, while Domestic Institutional Investors (DII) bought stocks worth Rs 2,372.96 crore, according to exchange data.</p>.<p>On Wednesday, the 30-share Sensex jumped 700.40 points, or 0.85 per cent, to settle at 82,755.51. The Nifty climbed 200.40 points, or 0.80 per cent, to 25,244.75.</p>
<p>Mumbai: Equity benchmark indices Sensex and Nifty rallied in early trade on Thursday, taking their winning momentum to the third day running, amid optimism following a ceasefire between Iran and Israel.</p>.<p>The 30-share BSE Sensex climbed 163.27 points to 82,918.78 in early trade. The 50-share NSE Nifty went up 64.35 points to 25,309.10.</p>.<p>Later, the BSE benchmark traded 415.98 points higher at 83,171.49, and the Nifty quoted 115.50 points up at 25,359.45.</p>.<p>From the 30-Sensex firms, Bharat Electronics Ltd, Tata Steel, Eternal, Bharti Airtel, Bajaj Finance, and Adani Ports were among the major gainers.</p>.<p>Tech Mahindra, Kotak Mahindra Bank, State Bank of India, and Tata Consultancy Services were the laggards.</p>.Rupee rises 21 paise against US dollar in early trade.<p>"With ceasefire between Israel and Iran, globally markets are in a risk-on mode. But since the reciprocal tariff issue remains to be addressed, sustained rally would be difficult. The market focus in the near-term will be on what transpires around July 9 when the 90-day pause of the reciprocal tariff ends," V K Vijayakumar, Chief Investment Strategist, Geojit Investments Ltd, said.</p>.<p>In Asian markets, Japan's Nikkei 225 index and Shanghai's SSE Composite index were trading higher while South Korea's Kospi and Hong Kong's Hang Seng quoted lower.</p>.<p>US markets ended on a mixed note on Wednesday.</p>.<p>Global oil benchmark Brent crude climbed 0.22 per cent to $67.83 a barrel.</p>.<p>Foreign Institutional Investors (FIIs) offloaded equities worth Rs 2,427.74 crore on Wednesday, while Domestic Institutional Investors (DII) bought stocks worth Rs 2,372.96 crore, according to exchange data.</p>.<p>On Wednesday, the 30-share Sensex jumped 700.40 points, or 0.85 per cent, to settle at 82,755.51. The Nifty climbed 200.40 points, or 0.80 per cent, to 25,244.75.</p>