MUMBAI: After falling for four straight sessions, the benchmark BSE sensex recovered over 132 points in early trade on Wednesday as stocks of metal, auto, IT and banking led gains on fresh buying by investors.
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The 30-share index rose by 132.42 points, or 0.48%, to 27,591.65. The gauge had lost 1,045.70 points in the previous four sessions.
In similar fashion, the National Stock Exchange index nifty edged higher by 37.90 points, or 0.59%, to 8,374.90.
Besides, a mixed trend at other Asian markets with investors taking cues from a rally on US markets ahead of a policy decision from the Federal Reserve, influenced the sentiments, they added.
Among other Asian markets, Hong Kong Hang Seng was up by 0.19 per cent, while Japan's Nikkei shed 0.58% in early trade today.
The US Dow Jones Industrial Average ended 1.09% higher in yesterday's trade.
Source - TOI
www.sevagiri.com
The 30-share index rose by 132.42 points, or 0.48%, to 27,591.65. The gauge had lost 1,045.70 points in the previous four sessions.
In similar fashion, the National Stock Exchange index nifty edged higher by 37.90 points, or 0.59%, to 8,374.90.
Brokers said covering-up of short positions in some bluechip stocks by speculators in view of July's derivatives expiry tomorrow helped snapping the four-session long falling streak.
Besides, a mixed trend at other Asian markets with investors taking cues from a rally on US markets ahead of a policy decision from the Federal Reserve, influenced the sentiments, they added.
Among other Asian markets, Hong Kong Hang Seng was up by 0.19 per cent, while Japan's Nikkei shed 0.58% in early trade today.
The US Dow Jones Industrial Average ended 1.09% higher in yesterday's trade.
Source - TOI
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