Sensex Regains 26k-Level, Climbs 219 Points On Upbeat Global Cues


MUMBAI: Market benchmark Sensex recaptured the crucial 26,000-mark by climbing over 219 points in early trade today as investors engaged in widening their bets amid firm global cues.

The 30-share barometer advanced by 219.02 points or 0.85 pct to 26,063.20. The gauge gained 1,170.34 points in the previous five sessions.

Also, the NSE Nifty shot up by 53.15 points or 0.67 per cent to 7,967.90.

Prominent gainers were ICICI Bank, SBI, Tata Motors, GAIL, Axis Bank, Tata Steel, ONGC, HDFC Ltd, Adani Ports, BHEL, Coal India, NTPC and RIl, surging by up to 5.40 per cent.

However, share of Wipro plunged 6.22 per cent to 563.95 after company said its consolidated net profit dipped 1.6 per cent to 2,235 crore for the quarter ended March 31.

Brokers said investors have been widening bets due to positive macroeconomic data and above-normal monsoon forecast.

Moreover, a firm trend in other Asian markets following a strong performance on Wall Street and rebound in oil prices, influenced sentiment here.

In regional markets, Hong Kong's Hang Seng was pct  higher.

The US Dow Jones Industrial Average ended 0.24 pct higher in yesterday's trade.

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