Indian stock markets opened on a positive note on Thursday, supported by firm global trends. The Sensex gained over 300 points to trade near 83,750, while the Nifty 50 moved above 25,600 in early trade.
Buying in Asian Paints, Mahindra & Mahindra, Britannia Industries, and Sun Pharma lifted market sentiment. Asian Paints jumped nearly 4%, and M&M rose about 2%.
Among the top performers were Redington, CCL (India), Gujarat Pipavav, Shipping Corporation of India, and Asian Paints. Meanwhile, Delhivery, Hindalco Industries, Deepak Fertilisers, Asahi India Glass, and BEML were among the main losers.
Market analysts said investors remain cautious due to continued foreign fund outflows and mixed corporate earnings. They added that the next market trend will depend on upcoming Q2 results and global economic signals.
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