Stock Markets Surge in Early Trade; Sensex Jumps 1,097 Points

Mumbai: Stock market benchmark indices Sensex and Nifty rallied in early trade on Wednesday helped by foreign fund inflows, better-than-expected Q2 results and a sustained moderation in crude oil prices.The 30-share BSE Sensex jumped 1,097.33 points to 82,186.92 in early trade. The 50-share NSE Nifty rallied 274.30 points to 25,317.55. In the 30 Sensex firms, InterGlobe Aviation, Mahindra & Mahindra, Eternal, HDFC Bank, Power Grid and Bharti Airtel were among the major winners. Titan was the only laggard from the pack. Foreign Institutional Investors (FIIs) bought equities worth Rs 7,212.22 crore on Monday, according to exchange data. Brent crude, the…