MUMBAI: The BSE benchmark Sensex
gained over 79 points in early trade on Wednesday on emergence of
buying by funds and retailers at existing lower levels amid a firming
Asian trend.
The 30-share barometer rose by 79.18 points, or 0.42 per cent, to 19,094.32. The index had lost 316.55 points in the previous session.
Similarly, the wide-based National Stock Exchange index Nifty moved up by 20.95 points, or 0.56 per cent, to 5,782.30.
Realty, metal and oil and gas sector stocks led the recovery.
Brokers said emergence of buying by funds and retailers at existing lower levels amid a firming trend in the Asian region mainly buoyed the trading sentiments.
Meanwhile, in Asia, Hong Kong's Hang Seng index rose by 0.56 per cent, while Japan's Nikkei up by 0.17 per cent in early trade. The US Dow Jones Industrial Average ended 0.84 per cent higher in Tuesday's trade.
MUMBAI: The BSE benchmark Sensex gained over 79 points in early trade on Wednesday on emergence of buying by funds
LALIT SHARMA
PGDM 2nd SEM.
The 30-share barometer rose by 79.18 points, or 0.42 per cent, to 19,094.32. The index had lost 316.55 points in the previous session.
Similarly, the wide-based National Stock Exchange index Nifty moved up by 20.95 points, or 0.56 per cent, to 5,782.30.
Realty, metal and oil and gas sector stocks led the recovery.
Brokers said emergence of buying by funds and retailers at existing lower levels amid a firming trend in the Asian region mainly buoyed the trading sentiments.
Meanwhile, in Asia, Hong Kong's Hang Seng index rose by 0.56 per cent, while Japan's Nikkei up by 0.17 per cent in early trade. The US Dow Jones Industrial Average ended 0.84 per cent higher in Tuesday's trade.
Brokers
said emergence of buying by funds and retailers at existing lower
levels amid a firming trend in the Asian region mainly buoyed the
trading sentiments.
LALIT SHARMA
PGDM 2nd SEM.
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