Mumbai: The BSE Sensex climbed over 207 points to trade at 26,797.79 and the NSENifty recaptured the 8,100-mark in early trade today, with increased buying by participants leading to across-the-board gains amid positive Asian cues.
Also read: Rupee claws back 11 paise to 65.53 in early trade
Rising for the second day, the 30-share index advanced by 207.20 points, or 0.78 percent, to trade at 26,797.79 as all sectoral indices, led by auto, realty and metal, were trading in the positive zone with gains of up to 1.36 percent.
Also read: Govt bonds over-subscribed; FPIs put in bids worth Rs 1,678-cr
The gauge had gained 31.44 points in the previous choppy session.
On similar lines, the NSE Nifty reclaimed the 8,100-level by rising 48.80 points, or 0.61 percent, to 8,109.50.
Also read: FIIs trim stake in 35 Nifty stocks in Q2
Brokers said a firming trend at other Asian markets following a strong closing in US markets buoyed trading sentiment here.
Besides, value-buying in recently battered bluechips too supported the rise, they said.
Also read: Moody’s ups Indian banking sector outlook to stable
Among other Asian markets, Hong Kong’s Hang Seng was up 3.10 percent while Japan’s Nikkei gained 2.42 percent in early trade today. Shanghai Composite index up 2.58 percent.
The US Dow Jones Industrial Average ended 0.50 percent higher in yesterday’s trade.
Also read: Rupee claws back 11 paise to 65.53 in early trade
Rising for the second day, the 30-share index advanced by 207.20 points, or 0.78 percent, to trade at 26,797.79 as all sectoral indices, led by auto, realty and metal, were trading in the positive zone with gains of up to 1.36 percent.
Also read: Govt bonds over-subscribed; FPIs put in bids worth Rs 1,678-cr
The gauge had gained 31.44 points in the previous choppy session.
On similar lines, the NSE Nifty reclaimed the 8,100-level by rising 48.80 points, or 0.61 percent, to 8,109.50.
Also read: FIIs trim stake in 35 Nifty stocks in Q2
Brokers said a firming trend at other Asian markets following a strong closing in US markets buoyed trading sentiment here.
Besides, value-buying in recently battered bluechips too supported the rise, they said.
Also read: Moody’s ups Indian banking sector outlook to stable
Among other Asian markets, Hong Kong’s Hang Seng was up 3.10 percent while Japan’s Nikkei gained 2.42 percent in early trade today. Shanghai Composite index up 2.58 percent.
The US Dow Jones Industrial Average ended 0.50 percent higher in yesterday’s trade.
[“source -Zeenews”]
