Sensex Advances 50 Pts As June F&O Series Starts

Friday, May 29, 2015
17
Separator
21
Separator
31
Separator
7
Separator
Print Print Email Email

MUMBAI: The benchmark BSE Sensex recovered over 50 points at 27,556.84 in early trade this morning on fresh buying by participants as the June series in the derivatives segment began amid firm Asian cues.

However, caution prevailed ahead of GDP numbers for the January-March quarter to be released in the day and disappointing earnings by more companies.

The 30-share index, which had lost 57.95 points in the previous volatile session, rose 50.13 points, or 0.18 per cent, to 27,556.84.

Buying in stocks of capital goods, healthcare, banking and realty sectors led the recovery.

On similar lines, the NSE Nifty was trading higher by 26.10 points, or 0.31 per cent, at 8,345.10.

Brokers said fresh positions built up by participants, following beginning of the June F&O series and value-buying at select counters helped trading sentiment improve.

Besides, a better trend at other Asian markets triggered buying on domestic bourses, they added.

Among other Asian markets, Japan's Nikkei gained 0.26 per cent while Hong Kong's Hang Seng was up 0.30 per cent in early trade today.

The U.S. Dow Jones Industrial Average ended 0.20 per cent lower in yesterday's trade.

Also Read: Facebook Users Prone to Taking Financial Risks: Study
Now E-Commerce Sellers To Get Funds From New NBFCs


Source: PTI
Looking For Loan? Let us Help you !!!
Product
Name
City
Phone
Email
Loan Amount
Annual Income
Preferred banks
Captcha
Type the characters you see in the picture
  Submit
SPOTLIGHT
90% of developing economies
Ninety per cent of developing economies, including India are falling behind or are at risk of fall..
Banks need to raise own capital
Public Sector Banks (PSBs) may raise capital themselves to meet regulatory and growth ..
Bharti Airtel board approves
Telecom major Bharti Airtel on Thursday said its board of directors has approved fund raising ..
Brookfield to buy RIL E-W Pipeline
Canadian investor Brookfield has acquired the loss-making East-West Pipeline Ltd from Mukesh Amba..
Previous
Next