Tuesday, 2 December 2014

Sensex recovers over 60 points in morning trade on global cues

After falling nearly 250 points in the past two sessions, the 30-share barometer rose by 60.64 points, or 0.21 percent, to 28,504.65 with auto, capital goods, power, consumer durables and oil & gas sector stocks leading the recovery.
  
On similar lines, the National Stock Exchange index Nifty gained 15.90 points, or 0.18 percent, to 8,540.60.
  
Brokers said trading sentiments turned positive amid a firming trend in the Asian region, following overnight gains in American markets on encouraging US economic data.  

Besides, RBI keeping key rates unchanged and giving a hint of lowering them early next year, influenced trading sentiments.
  
Among other Asian markets, Hong Kong's Hang Seng rose by 0.43 percent while Japan's Nikkei gained 1.03 per cent in early trade on Wednesday.
  
US Dow Jones Industrial Average gained 0.58 percent to close at new record-high in Tuesday's trade.

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