Sensex climbs 90 points on Asian cues

MuUMBAI: Extending its winning run for the third straight session, the benchmark BSE Sensex gained 90 points to 25,958.04 in early trade on Monday on sustained buying by participants, tracking positive cues in Asian markets. 

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The 30-share index, which had gained 385.97 points in the previous two sessions, was up 89.55 points or 0.34 per cent to 25,958.04 with sectoral indices led by capital goods, oil & gas, realty, power and healthcare trading in the positive zone gaining up to 0.62 per cent. 

The NSE Nifty too edged higher by 15.70 points, or 0.19 per cent, to 7,872.25. Brokers said widening of positions by investors tracking gains at other Asian bourses amid growing confidence about the US Fed raising interest rates next month coupled with weekend gains in US markets bolstered trading sentiment. 

Among other Asian markets, Hong Kong's Hang Seng was up 0.10 per cent while Shanghai's Composite index edged up 0.51 in early trade today. Japan's financial markets are closed on Monday on account of national holiday. 

The US Dow Jones Industrial Average ended 0.51 per cent higher in Friday's trade.

Source - TOI

Sensex sheds 93 points on derivatives expiry, weak Asian cues

MUMBAI: The benchmark BSE Sensex fell over 93 points to slip below the 27,000-mark in early trade on Thursday as participants cut down bets in view of the October series expiry in the derivatives segment amid weak Asian cues. 

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The 30-share barometer fell 93.42 points, or 0.34 per cent, to 26,946.34 after opening in positive zone. The gauge had lost 431.03 points in the previous three sessions. 

Losses in FMCG, banking, power, PSU, IT, capital goods and oil&gas stocks dragged the Sensex down. Also, the NSE Nifty declined 23.65 points, or 0.28 per cent, to 8,147.55. 

Brokers said squaring-up of positions by participants with today being the last trading session of the October derivatives expiry dampened sentiment. 

A weak trend at other Asian bourses after the Federal Reserve hinted at a possible US interest rate hike in December also hit sentiment. 

Hong Kong's Hang Seng was down 0.39 per cent, Japan's Nikkei fell 0.14 per cent, while Shanghai Composite shed 0.09 per cent in early trade on Thursday. 

The Dow Jones Industrial Average ended 1.13 per cent higher in Wednesday's trade.

Source - TOI