Thursday, July 2, 2015

Sensex on a firmer footing, up 95 points in early trade

MUMBAI: The benchmark Sensex rose over 95 points in early trade on Thursday, extending gains for the third straight session, on sustained buying by funds and investors. 

www.sevagiri.com

A stronger global market driven by hopes of a Greece deal kept up the pace. 

The 30-share index, which had gained 375.72 points in the past two sessions, gained another 95.09 points, or 0.33%, at 28,115.96. All the sectoral indices led by FMCG, healthcare and oil & gas were in the positive terrain. 

On similar lines, the 50-share Nifty moved up 24.45 points, or 0.28%, to 8,477.50. 

Brokers said continued buying by participants, backed up by a solid trend at other Asian marketson hopes of an agreement over Greece, and overnight gains in US markets on strong economic data lifted trading sentiment. 

Besides, revival of buying by foreign funds after remaining sellers for several sessions supported the upside, they said. 

Among other Asian markets, Hong Kong's Hang Seng index rose 0.41% while Japan's Nikkei was trading 1.16% higher in early trade. 

The US Dow Jones Industrial Average ended 0.79% higher in yesterday's trade.


Source - TOI

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