Benchmark equity indices opened on a positive note on Thursday, supported by easing crude oil prices and strong global market trends amid hopes of a possible de-escalation in the West Asia conflict.
The 30-share BSE Sensex rose 327.74 points to 75,646.13 in early trade, while the 50-share Nifty 50 gained 111.75 points to reach 23,772.05.
Market analysts said investor sentiment improved following gains in major global markets and a decline in oil prices, which eased concerns over inflation and supply disruptions.
Among the top gainers on the Sensex were InterGlobe Aviation, Bharat Electronics, Asian Paints, Tata Steel, Larsen & Toubro and Eternal.
Traders said optimism over improving geopolitical conditions and stable global cues contributed to the rally in domestic equities.
