Stock markets rally in early trade on slump in oil prices, positive trend in Asian peers

MUMBAI: (Mar 25) Benchmark indices Sensex and Nifty extended their previous session’s rally in early trade on Wednesday, tracking a sharp decline in crude oil prices and a positive trend in Asian markets, amid hopes of de-escalation in the West Asia war.

The 30-share BSE Sensex jumped 885.32 points to 74,953.77 in early trade. The 50-share NSE Nifty surged 307.65 points to 23,220.05.

From the 30-Sensex firms, Mahindra & Mahindra, UltraTech Cement, Adani Ports, HDFC Bank, Trent and Eternal were the biggest gainers.