Sensex soars over 400 points in early trade on positive global cues

News Snapshot:

Continuing with the positive momentum, Sensex and Nifty surged in early trade on Wednesday as encouraging trends in the global market boosted investor sentiments. The 30-share Sensex surged 416.22 points or 0.63 per cent to 66,495.58 points while the broader Nifty jumped 120 points or 0.61 per cent to 19,809.85 points. Hopes that the Israel-Hamas conflict might not spillover into a larger Middle East crisis and impact crude oil prices also aided the positive momentum, according to analysts. Asian markets, including Japan, China and Hong Kong, were trading with gains. European and US markets closed in the green on Tuesday....