Dynamite News Sensex recovers 116 points on mixed global cues
The BSE Sensex turned positive after opening 42 points lower in the early trade today as fresh buying seen on select counters led by oils & gas, realty, auto and IT sectors amid mixed global cues.
Mumbai: The BSE Sensex turned positive after opening 42 points lower in the early trade today as fresh buying seen on select counters led by oils & gas, realty, auto and IT sectors amid mixed global cues.
The 30-share index recovered by 116.29 points, or 0.32 per cent, to 35,690.84 in early session. The gauge had lost 70.85 points in a range-bound trade yesterday. The NSE index Nifty also rose 33.65 points or 0.31 per cent to 10,783.40.
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According to traders, fresh buying by participants and mixed trend in overseas gave investors the confidence. Among the major gainers are Tata Motors, Bajaj Auto, RIL, Yes Bank, Hero Motocorp, TCS, Infosys, Axis Bank, ONGC, Kotak Bank, Adani Ports, SBI, Maruti Suzuki, L&T and Bharti Airtel, rising up to 2.87 per cent. Barring FMCG, all the sectoral indices were trading in green.
Overseas, Asian stocks mixed, with investors bracing for developments on the trade front as markets awaited tariffs from the US and China to take effect later today.
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The US Dow Jones Industrial Average, ended 0.75 per cent higher yesterday. (PTI)