The BSE Sensex rose 781 points in early trade on Monday, marking the third consecutive day of gains for equity benchmark indices.

Also Read| Crypto Fear and Greed Index on Monday, June 27, 2022

Sensex was trading at 53,509.50, up 781.52 points. The NSE Nifty increased by 228.2 points to 15,927.45.

Also Read| Fuel price June 27, 2022: Petrol Rs 96.72, diesel Rs 89.62 in Delhi

In early trade, all Sensex companies were trading in the green, with Tech Mahindra, HCL Technologies, Wipro, Infosys, Bajaj Finance, and Larsen & Toubro leading the way.

Also Read| US Stock Market: DJIA, S&P500, Nasdaq and Russell ended in green on Friday

Markets in Seoul, Tokyo, Shanghai, and Hong Kong were trading higher in mid-session trades. On Friday, the US markets concluded with significant gains.

Also Read| Week ahead: Global cues, rupee movement to weigh on Sensex, Nifty

“The good news is that the markets across the globe are seen shrugging off growth concerns and also have overcome inflation worries,” said Prashanth Tapse, Vice President (Research), Mehta Equities Ltd.

Also Read| Week in review: Sensex, Nifty rise amid positive cues from global peers

On Friday, the Sensex rose 462.26 points, or 0.88%, to 52,727.98. The Nifty rose 142.60 points, or 0.92%, to 15,699.25.

“The US and European indices ended in the green on Friday. Asian markets are also trading in the green in early Monday trade,” said Mohit Nigam, Head – PMS, Hem Securities.

Also Read| Stocks that should be on your watchlist on Monday, June 27, 2022

According to exchange statistics, foreign institutional investors (FIIs) continued to be net sellers in the capital market on Friday, selling shares worth Rs 2,353.77 crore.

Also Read| Trending Stocks: Zomato, Dr Reddy’s, Axis Bank and others in news today

Meanwhile, Brent crude, the international oil benchmark, rose 0.20% to USD 113.35 a barrel. The rupee rose 6 paise to 78.27 per dollar in early trade on Monday, as significant buying in domestic shares and weakening in the greenback boosted investor mood.