In early trade on Thursday, the Sensex rose more than 214 points, tracking advances in index stalwarts HDFC twins, Reliance Industries, and Maruti Suzuki, as well as mainly favorable signs from Asian rivals.

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In early trade, the 30-share index was trading 214.43 points, or 0.37%, higher at 57,899.22. Likewise, the Nifty increased 53.95 points, or 0.31%, to 17,220.85.

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M&M was the Sensex pack’s highest gainer, climbing 2.38%. Other winners were HDFC, PowerGrid, Titan, Sun Pharma, Maruti, HCL Tech, and Reliance Industries.

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On the other hand, L&T, ICICI Bank, Nestle India, Axis Bank, and Tech Mahindra were among the losers.

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The 30-share BSE Sensex gained 619.92 points, or 1.09%, in the previous session to end at 57,684.79. Likewise, the NSE Nifty rose 183.70 points, or 1.08%, to 17,166.90.

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Elsewhere in Asia, bourses in Shanghai, Hong Kong, and Seoul were up in mid-session trade, while Tokyo was down. The overnight session on US stock markets finished with losses.

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According to exchange statistics, foreign institutional investors (FIIs) continued to be net sellers in the capital market on Wednesday, selling shares worth Rs 2,765.84 crore.

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Meanwhile, India’s goods exports increased 26.49% year on year to USD 29.88 billion in November, owing to improved performance in key sectors, while the trade imbalance reached a new high of USD 23.27 billion due to increased imports of crude oil and gold.

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Brent crude, the international oil benchmark, climbed 1.07% to USD 69.61 per barrel. In early trade, the rupee falls 15 paise to 75.06 against the US dollar.

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