Finance Minister Nirmala Sitharaman will present the Economic Survey 2021-22 later in the day
Equity benchmark Sensex surged 712 points in opening trade on January 31, tracking gains in index-majors Wipro, Bajaj Finance and Infosys amid a positive trend in the Asian markets.
Starting on a positive note, the BSE gauge was trading 712.61 points or 1.25% higher at 57,912.84 in early trade. Likewise, the Nifty advanced 216.95 points or 1.27% to 17,318.90.
Meanwhile, Finance Minister Nirmala Sitharaman will present the Economic Survey 2021-22 later in the day.
Tech Mahindra was the top gainer in the Sensex pack, rising 2.85%, followed by Wipro, Bajaj Finance, Asian Paints, Bajaj Finserv, Ultratech Cement and Infosys.
On the other hand, NTPC, IndusInd Bank and L&T were the laggards.
In the previous session, the 30-share BSE index finished 76.71 points or 0.13% lower at 57,200.23. Similarly, the broader NSE Nifty slipped 8.20 points or 0.05% to 17,101.95.
Elsewhere in Asia, bourses in Hong Kong and Tokyo were trading with gains in mid-session deals.
Markets in China and South Korea are closed for a holiday.
Meanwhile, international oil benchmark Brent crude rose 1.31% to $91.21 per barrel.
Foreign institutional investors (FIIs) remained net sellers in the capital markets, pulling out ₹5,045.34 crore January 28, as per provisional data.
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