The Indian equity benchmark indices were trading in the positive territory in the early deals on Thursday amid easing in <a href="https://www.mid-day.com/business/business-news/article/crude-oil-prices-decline-over-2-per-cent-to-usd-11404-per-barrel-amid-hopes-of-us-iran-deescalation-23657061" target="_blank" rel="none noopener">crude oil prices</a>, foreign fund inflows.
The 30-share BSE Sensex gained 350.46 points or 0.43 per cent at 82,229.86 in the initial trade. The 50-share NSE Nifty climbed 95.30 points or 0.38 per cent at 25,353.15 in the early trade.
<h2>Gainers and laggards in early trade</h2>
Among the 30 Sensex firms, Bajaj Finance, Bajaj Finserv, Eternal, State Bank of India, &nbsp;Bharat Electronics and ICICI Bank were the major gainers.&nbsp;
The shares of Bajaj Finance was trading 2.67 per cent higher while that of Bajaj Finserv gained 2.29 per cent.&nbsp;
Shares of <a href="https://www.mid-day.com/business/business-news/article/eternal-q2fy27-consolidated-net-profit-nearly-doubles-to-rs-125-crore-23656259" target="_blank" rel="none noopener">Eternal, the parent company of Zomato and Blinkit</a> gained 1.59 per cent, while the country's largest lender State Bank of India (SBI) climbed 1.30 per cent.
Mahindra &amp; Mahindra, Hindustan Unilever, Bharti Airtel, Ultra Tech Cement and NTPC were the major laggards in the early deals. Shares of Mahindra &amp; Mahindra were trading 0.97 per cent lower.
On Wednesday, the Sensex jumped 772.75 points, or 0.95 per cent, to settle at 81,879.40, while the Nifty rose 210.40 points, or 0.84 per cent, to end at 25,255.05.
<h2>Global cues</h2>
"Market participants are likely to remain focused on global risk sentiment, crude oil trends and ongoing domestic earnings developments," Hitesh Tailor, Technical Research Analyst at Choice Broking said.
Brent crude, the global oil benchmark, was trading 1.10 per cent lower at USD 91.74 per barrel, according to news agency PTI.
<a href="https://www.mid-day.com/business/business-news/article/market-weekly-round-up-fiis-continue-to-be-net-buyers-purchase-equities-worth-rs-45960-crore-23658950" target="_blank" rel="none noopener">Foreign Institutional Investors (FIIs) were net purchasers</a> and bought equities worth Rs 12,563.33 crore on Wednesday, according to exchange data. In contrast, Domestic Institutional Investors (DIIs) were net sellers and sold equities worth Rs 8,434.53 crore.
"The Nifty rally of 9.55 per cent in seven trading sessions so far in November is being led primarily by the aggressive buying by the FIIs. The tug of war between the FIIs and DIIs till November saw the FIIs &nbsp;on the sell side and DIIs on the buy side. Now the positions have been completely reversed with FIIs turning aggressive buyers and DIIs turning consistent sellers," V K Vijayakumar, Chief Investment Strategist, Geojit Investments said.
"This FIIs vs DIIs position will set the market trend in the near-term. FIIs have already invested Rs 65735 crores in Indian equities so far in November. This trend is likely to continue and has the potential to reach an all-time high number. Impressive earnings growth as evidenced by the good Q2 results and the macro relief from lower crude prices (Brent around USD 92) will support the rally. DIIs may continue profit booking putting brakes on the rally," he added.&nbsp;
In Asian markets, South Korea's Kospi, Japan's Nikkei 225 index and Hong Kong's Hang Seng index were trading lower, while Shanghai's SSE Composite index was trading in the positive territory.
(With inputs from PTI)

In the initial trade, Sensex surged 350.46 points or 0.43 per cent at 82,229.86, while the Nifty rose 95.30 points or 0.38 per cent at 25,353.15

Sensex jumps 350 points in early trade amid FII flows, lower crude oil prices

Rupee declines 6 paise to 93.77 against US dollar amid higher US treasury yields

The 30-share BSE Sensex gained 350.46 points or 0.43 per cent at 82,229.86 in the initial trade. The 50-share NSE Nifty climbed 95.30 points or 0.38 per cent at 25,353.15 in the early trade

Sensex, Nifty gain in early trade led by foreign fund inflows, easing crude oil prices

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