Sensex in wait-and-watch mode ahead of Brexit vote

June 23, 2016 10:27

The benchmark BSE Sensex recovered nearly 48 points in early cautious trade today as participants widened their bets in select stocks, tracking a slightly better trend in other Asian markets just hours before the start of Britain's referendum vote.

The 30-share index rose 47.92 points or 0.17 per cent at 26,813.57 with sectoral indices such as healthcare, auto, FMCG, banking and metal being in the positive zone.

The gauge had lost 101.27 points in the previous two sessions.

The NSE index Nifty was also trading 8.65 points or 0.10 per cent higher at 8,212.35.

Traders said selective buying in line with a slightly better trend in other Asian markets in thin trading, just hours before the start of Britain's referendum on its futures in the European Union, influenced trading sentiment here.

Moreover, rupee recovering by 15 paise to 67.33 against the US dollar in early trade at the forex market supported the upside in equities.

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