<p>Equity benchmarks Sensex and Nifty opened on a positive note on Wednesday, carrying forward the recovery in the previous trade, supported by gains in index heavyweights IT and Reliance Industries stocks.</p>.<p>The 30-share BSE Sensex opened in the green and further jumped 444.51 points or 0.83 per cent to 53,868.60.</p>.<p>Similarly, the NSE Nifty climbed 117.10 points or 0.73 per cent to 16,130.55.</p>.<p>From the 30-share pack, Tech Mahindra, Reliance Industries Limited, Sun Pharma, Infosys and Dr Reddy's were the major gainers.</p>.<p>In contrast, Power Grid Corporation, Tata Steel, Asian Paints and Kotak Mahindra Bank were among the laggards in early trade.</p>.<p>In the previous trade, the BSE benchmark index settled 581.34 points or 1.10 per cent higher at 53,424.09, overcoming bouts of volatility during the trade.</p>.<p>On similar lines, the broader NSE Nifty darted up 150.30 points or 0.95 per cent to 16,013.45 on Tuesday.</p>.<p>Bourses in Hong Kong and Shanghai were trading lower in mid-session deals, while Tokyo was quoted in the green.</p>.<p>Stock exchanges in the US closed in the negative territory on Tuesday.</p>.<p>Meanwhile, international oil benchmark Brent crude jumped 2.61 per cent to $131.3 a barrel.</p>.<p>Foreign institutional investors continued their selling spree in Indian markets as they offloaded shares worth Rs 8,142.60 crore on a net basis on Tuesday, according to exchange data.</p>.<p>"Market may remain volatile due to the Russia-Ukraine crisis. Trend in global equities, movement of rupee against the dollar and crude oil prices will dictate trend in the near-term," according to Mitul Shah, Head of Research at Reliance Securities.</p>.<p>V K Vijayakumar, Chief Investment Strategist at Geojit Financial Services said, "Negative sentiments in global stock markets persist. As long as the war lingers and crude remains at high levels a sustained rally is unlikely." </p>.<p><strong>Watch the latest DH Videos here:</strong></p>
<p>Equity benchmarks Sensex and Nifty opened on a positive note on Wednesday, carrying forward the recovery in the previous trade, supported by gains in index heavyweights IT and Reliance Industries stocks.</p>.<p>The 30-share BSE Sensex opened in the green and further jumped 444.51 points or 0.83 per cent to 53,868.60.</p>.<p>Similarly, the NSE Nifty climbed 117.10 points or 0.73 per cent to 16,130.55.</p>.<p>From the 30-share pack, Tech Mahindra, Reliance Industries Limited, Sun Pharma, Infosys and Dr Reddy's were the major gainers.</p>.<p>In contrast, Power Grid Corporation, Tata Steel, Asian Paints and Kotak Mahindra Bank were among the laggards in early trade.</p>.<p>In the previous trade, the BSE benchmark index settled 581.34 points or 1.10 per cent higher at 53,424.09, overcoming bouts of volatility during the trade.</p>.<p>On similar lines, the broader NSE Nifty darted up 150.30 points or 0.95 per cent to 16,013.45 on Tuesday.</p>.<p>Bourses in Hong Kong and Shanghai were trading lower in mid-session deals, while Tokyo was quoted in the green.</p>.<p>Stock exchanges in the US closed in the negative territory on Tuesday.</p>.<p>Meanwhile, international oil benchmark Brent crude jumped 2.61 per cent to $131.3 a barrel.</p>.<p>Foreign institutional investors continued their selling spree in Indian markets as they offloaded shares worth Rs 8,142.60 crore on a net basis on Tuesday, according to exchange data.</p>.<p>"Market may remain volatile due to the Russia-Ukraine crisis. Trend in global equities, movement of rupee against the dollar and crude oil prices will dictate trend in the near-term," according to Mitul Shah, Head of Research at Reliance Securities.</p>.<p>V K Vijayakumar, Chief Investment Strategist at Geojit Financial Services said, "Negative sentiments in global stock markets persist. As long as the war lingers and crude remains at high levels a sustained rally is unlikely." </p>.<p><strong>Watch the latest DH Videos here:</strong></p>