BSE Sensex gains 93 points, ICICI Bank shares lead

The benchmark BSE Sensex recovered over 93 points in early trade today on emergence of buying by funds at existing levels amid a firming Asian trend; ICICI Bank share price is up 2 pct.

Markets Top Gainers, Markets Top Losers

Snapping its five-day long losing streak, the 30-share barometer gained by 93.51 points, or 0.45 per cent, to 20,753.03 with auto, capital goods, realty, consumer durables and metal sector stocks leading the recovery.

BSE Sensex index had lost over 667 points in the last five sessions.

Similarly, the wide-based NSE Nifty index moved up by 27.00 points, or 0.44 per cent, to 6,181.70.

Brokers said emergence of buying by funds at prevailing levels amid a firming trend in the Asian region in line with overnight gains on the US markets following upbeat factory output data ahead of Federal Reserve meeting, mainly influenced the trading sentiments.

In the Asian region, Japan's Nikkei spurted by 1.01 per cent, while Hong Kong's Hang Seng index gained 0.72 per cent in early trade.

The US Dow Jones Industrial Average ended 0.82 per cent higher in yesterday's trade.

Mutual Funds: Top Profit-making Schemes

Please read our terms of use before posting comments
TERMS OF USE: The views, opinions and comments posted are your, and are not endorsed by this website. You shall be solely responsible for the comment posted here. The website reserves the right to delete, reject, or otherwise remove any views, opinions and comments posted or part thereof. You shall ensure that the comment is not inflammatory, abusive, derogatory, defamatory &/or obscene, or contain pornographic matter and/or does not constitute hate mail, or violate privacy of any person (s) or breach confidentiality or otherwise is illegal, immoral or contrary to public policy. Nor should it contain anything infringing copyright &/or intellectual property rights of any person(s).
comments powered by Disqus