The benchmark BSE Sensex on Tuesday recovered over 53
points in early trade after two sessions of losses on emergence of
buying by funds and retail investors ahead of the RBI’s policy review.
The
30-share index, which had lost over 666 points in the previous two
sessions, recovered by 53.76 points, or 0.25 per cent, to 20,761.21,
with stocks of consumer durables, capital goods, power, realty and metal
sectors leading the recovery.
Similarly, the wide-based National Stock Exchange index Nifty moved up by 11.05 points, or 0.18 per cent, to 6,146.90.
Brokers
said emergence of buying by funds at prevailing levels ahead of the
RBI’s policy review to be announced later in the day and a firming trend
in the Asian region mainly influenced the trading sentiment.
In
the Asian region, Japan’s Nikkei rose by 0.10 per cent, while Hong
Kong’s Hang Seng index gained 0.16 per cent in early trade. Read more..
Source: Hindi News
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