Sensex Up 76 Points in Opening Trade
Mumbai: The BSE benchmark Sensex recovered by over 76 points in the opening trade on November 26 on fresh buying by funds and retailers after previous session’s losses on investor concerns over economic reforms as Parliament was adjourned.
The 30-share barometer, which had shed 10.77 points in the previous session on Friday, rose by 76.08 points, or 0.41 percent, to 18,582.65, led by gains in stocks of IT, tech, metals and healtchare sectors.
Similarly, the wide-based National Stock Exchange index Nifty moved up by 10.80 points, or 0.19 percent, to 5,637.40.
Brokers said fresh round of buying by major players largely in line with a firming trend in Asian markets boosted by sharp gains on the U.S. markets, influenced trading sentiments.
Meanwhile, in Asia, Hong Kong’s Hang Seng index rose 0.03 percent, while Japan’s Nikkei gained 1.06 percent.
The U.S. Dow Jones Industrial Average ended 1.35 percent higher on November 23.
