Sensex Ticks up 100 Points on Positive Asian Cues, Short-Covering


MUMBAI: The benchmark BSE sensex rose almost 100 points in early trade today, extending its uptrend for the second day, on sustained buying by participants amid a firming trend in Asia.

The covering-up of short positions by speculators ahead of the monthly expiry in the derivatives segment on Thursday supported the upside.

The 30-share barometer, which had rallied 195.42 points in the previous session, rose further by 99.65 points, or 0.38 pct, to 26,133.78.

Also, the NSE Nifty gained 17 points, or  0.21 pct , to 7,942.15

Among other Asian markets, Hong Kong's Hang Seng firmed up 0.42 pct while Japan's Nikkei turned higher by 0.14 pct in early session today. The Shanghai Composite Index moved up 0.17 pct.

The U.S. Dow Jones Industrial Average, however, ended 0.14 pct lower yesterday.

Read More: FCI Raises Rs 30k Crore as Short-Term Loan for Capital Needs

Direct Benefit Transfer Scheme Gets Into Guinness Records: PM Modi

Source: PTI