Mumbai, India (BBN)-The 30-share index, which had lost 1,278.80 points in the previous seven sessions on rising geopolitical tension in the Middle-East, rose by 0.86 percent.
The benchmark BSE Sensex recovered over 236 points at 27,694.41 in early trade on Friday on fresh buying by participants as the April series in derivatives segment began amid positive Asian cues, reports PTI.
The 30-share index, which had lost 1,278.80 points in the previous seven sessions, including Thursday’s fall of 654.25 points on rising geopolitical tension in Middle-East, rose by 236.83 points, or 0.86 per cent, at 27,694.41.
Buying in stocks of IT, capital goods, banking, realty, infrastructure, consumer durables, metal and power sectors, led the rise.
On similar lines, the National Stock Exchange index Nifty regained the 8,400-mark by rising 71.05 points, or 0.85 per cent, at 8,413.20.
Brokers said fresh positions built up by participants, following beginning of April series in the derivatives segment and value-based buying in select counters, helped trading sentiments to improve.
Besides, a firming trend at other Asian markets triggered buying on domestic bourses, they added.
Among other Asian markets, Japan’s Nikkei gained 0.48 percent, while Hong Kong Hang Seng was up by 0.18 per cent in early trade today.
The US Dow Jones Industrial Average ended 0.23 per cent lower in Thursday’s trade.
BBN/AS-27Mar15-1:50pm (BST)
Thursday, May 02, 2024
