Sensex recovers over 51 points in early trade
The BSE benchmark Sensex recovered over 51 points in early trade on Friday on the back of gains in stocks of realty, auto, consumer durable, capital goods, metal and banking sectors, amid a mixed Asian trend. Snapping its six-session losing streak, the 30-share barometer on Friday
Similarly, the wide-based National Stock Exchange index Nifty moved up by 14.50 points, or 0.24%, to 5,953.30.
Brokers said fresh buying by funds and retailers driven by a mixed trend in the Asian region following data showing a surge in exports and imports from China, helped trading sentiment to improve.
Meanwhile in Asia, Hong Kong's Hang Seng index rose by 0.16%, while Japan's Nikkei down by 1.38% in the early trade. The US Dow Jones Industrial Average ended 0.30% lower in Thursday's trade.
Touhid Hussain
PGDM 2nd Semester
The BSE benchmark Sensex recovered over 51 points in early trade on Friday on the back of gains in stocks of realty, auto, consumer durable, capital goods, metal and banking sectors, amid a mixed Asian trend. Snapping its six-session losing streak, the 30-share barometer on Friday
recovered by 51.70 points, or 0.26%, to 19,632.02 in early trade. The index had lost 425 points in past six sessions.
Brokers said fresh buying by funds and retailers driven by a mixed trend in the Asian region following data showing a surge in exports and imports from China, helped trading sentiment to improve.
Meanwhile in Asia, Hong Kong's Hang Seng index rose by 0.16%, while Japan's Nikkei down by 1.38% in the early trade. The US Dow Jones Industrial Average ended 0.30% lower in Thursday's trade.
Touhid Hussain
PGDM 2nd Semester
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