HEADLINES:
July 22 2019
Sensex gains 105 points in early trade
27 April 2012

The BSE benchmark Sensex rose by over 105 points in early trade on Friday on buying by funds and retail investors at existing lower levels amid a firming trend in Asian markets.

The 30-share barometer, which lost about 76 points in the previous two sessions, recovered by 105.15 points, or 0.61 per cent, to 17,235.82.

All sectoral indices, led by power and auto, were trading in the positive zone with gains of up to 0.98 per cent.

The wide-based National Stock Exchange index Nifty moved up by 33.85 points, or 0.65 per cent, to 5,222.85.

Brokers said fresh buying by funds and retail investors in line with a firming trend on Asian bourses, following overnight gains in the U.S. stocks, boosted the trading sentiment here.

They said expectations of a normal monsoon this year, which is vital for country’s economy, too had a positive impact.

Meanwhile, in the Asian region, Hong Kong’s Hang Seng Index rose by 0.37 per cent and Japan’s Nikkei Index by 0.12 per cent in morning trade. The US Dow Jones Industrial Average ended 0.87 per cent higher in yesterday’s trade after upbeat housing data and stronger-than-expected corporate earnings.

 

 

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