Mumbai, India (BBN) – The BSE benchmark Sensex rebounded nearly 65 points in the pre-noon trade on bouts of buying in metal, realty, infrastructure and oil & gas stocks amid mixed Asian cues.
Investors opted for bargain-hunting as well as short-covering ahead of derivatives expiry this week, reports The Hindu Business Line.
At 11.50am, the 30-share BSE index Sensex was up 64.35 points or 0.23 per cent at 28,533.10 and the 50-share NSE index Nifty was up 19.85 points or 0.23 per cent at 8,841.55.
Among BSE sectoral indices, metal index gained the most by 1.48 per cent, followed by realty 1.04 per cent, infrastructure 1.02 per cent and oil & gas 0.79 per cent.
Top five Sensex gainers were GAIL (+2.7 per cent), Tata Steel (+2.41 per cent), Bharti Airtel (+2.03 per cent), TCS (+1.66 per cent) and Adani Ports (+1.61 per cent), while the major losers were ITC (-0.67 per cent), M&M (-0.67 per cent), HDFC (-0.63 per cent), M&M (-0.6 per cent) and Dr Reddy’s (-0.41 per cent).
EARLY TRADE

The 30-share barometer fell 40.24 points or 0.14 per cent to 28,428.51 with metal, auto, FMCG and banking stocks trading in the red.
The index had gained 313.19 points in the previous two sessions.
The NSE Nifty also fell 8.85 points or 0.1 per cent to 8,812.85.
ASIAN SHARES
Asian share markets were mixed on Monday as political uncertainty globally kept the mood cautious, while the US dollar recouped early losses ahead of a busy week for Federal Reserve speakers.
Turnover was light with US markets closed for the Presidents Day holiday.
MSCI’s broadest index of Asia-Pacific shares outside Japan edged up 0.1 per cent and back towards a 19-month peak set last week.
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