The Sensex rose over 262 points in early trade on Friday, tracking advances in index heavyweights Infosys, ICICI Bank, and HDFC amid mixed Asian market indications.

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In early trade, the 30-share index was up 262.86 points, or 0.45%, at 58,724.15. Likewise, the Nifty gained 68.45 points, or 0.39%, to 17,470.10.

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The biggest gainer in the Sensex pack was Infosys, which rose 1.86%, followed by L&T, Axis Bank, NTPC, ICICI Bank, Kotak Bank, M&M, and HDFC. On the other hand, Nestle India, Dr. Reddy’s, Sun Pharma, Bharti Airtel, Bajaj Auto, and Asian Paints were among the losers.

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The 30-share market benchmark rose 776.50 points, or 1.35%, to 58,461.29 in the previous session. Similarly, the NSE Nifty increased by 234.75 points, or 1.37%, to 17,401.65.

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According to exchange statistics, foreign institutional investors (FIIs) continued to be net sellers in the capital market on Thursday, selling shares worth Rs 909.71 crore.

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Elsewhere in Asia, bourses in Hong Kong and Tokyo were up in mid-session trade, while Shanghai and Seoul were down. In the overnight session, stock markets in the United States closed with big gains.

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Meanwhile, Brent crude, the international oil benchmark, increased 0.82% to USD 70.24 per barrel. In early trade, the rupee rises 4 paise to 74.98 against the US dollar.

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