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Sensex rebounds 188 pts in early trade on easing inflation
July 15, 2014
The benchmark BSE Sensex rebounded by over 188 points in early trade today on revival of buying by funds and retail investors after retail inflation eased to 30-month low of 7.31 per cent. 

The 30-share barometer recovered 188.70 points, or 0.75 per cent, to 25,195.68 with stocks of realty, capital goods, power, PSU, metal, auto and oil & gas sectors leading the gains. 

The index had lost almost 1,093 points in the previous five sessions. 

On the similar lines, the National Stock Exchange index Nifty reclaimed the 7,500-mark by recovering 60.30 points, or 0.80 per cent, to 7,514.45. 

Brokers said sentiments turned better after retail inflation dipped to a 30-month low of 7.31 per cent in June and WPI index slid to a four-month low of 5.43 per cent, raising hopes of a rate cut by the RBI at its policy review next month.
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