Mumbai: After US Federal Reserve Chairman Jerome Powell hinted at a rate cut soon, BSE Sensex rises over 200 points in early trade.
The BSE Sensex rose 106.35 points to 38,663.39 levels at 9.30 am while the Nifty 50 index jumps 33.80 points to 11,532.70 levels.
Top losers in the Sensex pack included Bajaj Auto,, TechM, Bajaj Finance, Asian Paints, Infosys, ICICI Bank, Hero MotoCorp, Kotak Bank and TCS falling up to 1.50 per cent.
Vedanta, Tata Steel, SBI, Tata Motors, ONGC, PowerGrid, Yes Bank, Sun Pharma and M&M were among the top gainers, rising up to 2 per cent.
On the currency front, the Indian rupee appreciated 26 paise to 68.31 against the US dollar.
The global oil benchmark Brent crude futures were trading 0.39 per cent higher at 67.27 per barrel.
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