Sensex up 121 pts in early trade on recovery in Re

July 09, 2013 09:47

The BSE benchmark Sensex today recovered by over 121 points in early trade on the back of fresh buying by participants triggered by a firming trend on other Asian bourses and recovery in the rupee.

The 30-share index gained 121.53 points, or 0.63 per cent, to trade at 19,446.30, with all the sectoral indices led by realty, banking and capital goods rising up to 0.93 per cent. Sensex had lost 171.05 points on Monday.

The wide-based National Stock Exchange index Nifty rose by 38.90 points, or 0.67 per cent, to trade higher at 5,850.45.

Brokers said fresh buying by funds and retail investors, tracking a firming trend on other Asian bourses, following overnight gains in the US markets, supported the trading sentiment here.

Besides, recovery in the rupee to 60.13 against the dollar also triggered buying activity, they said.

« Back to LIVE

TOP STORIES

Plea in SC for court-monitored SIT probe into electoral bonds scheme

A bench comprising Justices Sanjiv Khanna and Dipankar Datta took note of the submissions of lawyer Prashant Bhushan, appearing for NGOs 'Common Cause' and the Centre for Public Interest Litigation, that the plea needed to be listed for...

Ghulam Nabi, Mehbooba differ over Srinagar voter turnout, here's why

Ghulam Nabi Azad remarked that the figures are not high enough to know whether the people are happy or angry with the abrogation of Article 370 and bifurcation of Jammu and Kashmir into two Union Territories, Mehbooba Mufti said it is a...

Amethi Misses Rahul Vs Smriti Contest

'If the Congress loses this time, Rahul Gandhi will not look back at Amethi ever again.'

Too little, too late: SC refuses to accept IMA chief's unconditional apology

Asokan, who was present in the court, offered an unconditional apology to the bench and prayed for clemency.

Analysts wary of Vodafone Idea's falling subscribers, broadband users

Vodafone Idea's (Vi's) subscriber loss reduced to a seven-month low in March, and alongside the company added 1.1 million broadband users after two months of net loss -- two things analysts have noted as key trends that need to be...