Sensex recovers over 60 points in early trade on global cues

Subscribe to GoodReturns
For Quick Alerts
ALLOW NOTIFICATIONS  
For Daily Alerts
    Sensex recovers over 60 points in early trade on global cues
    Mumbai, Dec 3 (PTI) Snapping its two-day falling streak, the benchmark BSE Sensex gained over 60 points in early trade on Wednesday emergence of buying by funds and retail investors on firm global cues.

    After falling nearly 250 points in the past two sessions, the 30-share barometer rose by 60.64 points, or 0.21 %, 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 %, 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 % while Japan's Nikkei gained 1.03 % in early trade today.

    The US Dow Jones Industrial Average gained 0.58 % to close at new record-high in yesterday's trade.

    PTI

    Read more about: sensex nifty
    Company Search
    Enter the first few characters of the company's name or the NSE symbol or BSE code and click 'Go'
    India's LARGEST EVER political poll. Have you participated yet?

    Find IFSC

    We use cookies to ensure that we give you the best experience on our website. This includes cookies from third party social media websites and ad networks. Such third party cookies may track your use on Goodreturns sites for better rendering. Our partners use cookies to ensure we show you advertising that is relevant to you. If you continue without changing your settings, we'll assume that you are happy to receive all cookies on Goodreturns website. However, you can change your cookie settings at any time. Learn more