Sensex Soars 325 Pts In Early Trade On Global Cues


MUMBAI: The benchmark BSE Sensex soared by 325 points to trade above the 27,000 level on Friday following a flurry of buying by investors amid strong Asian trends.

The 30-share index, which had lost 190.04 points in the previous, rebounded by 325.38 points, or 1.21 percent, to 27,171.19 points.

All sectoral indices led by metal, capital goods, realty and banking were in the positive zone, rising up to 1.67 percent.

The NSE Nifty too recaptured 8,200-mark by climbing 82.60 points, or 1.01 percent, to 8,211.95.

Brokers said all-round buying by participants, tracking a rally at the other Asian markets following overnight gains at the Wall Street helped the indices rebound.

Global markets were firm after Federal Reserve meeting minutes raised expectations the U.S. central bank will not hike rates any time soon.

In other markets in Asia, Hong Kong’s Hang Seng rallied 1.76 percent while Japan’s Nikkei uptick 0.78 percent in early trade on Friday.

The U.S. Dow Jones Industrial Average ended 0.82 percent higher in Thursday’s trade.

Source: PTI