Sensex gains 158 points in early trade;Nifty regains 6K level

Bs_logoImage
Press Trust of India Mumbai
Last Updated : May 15 2013 | 9:45 AM IST
The BSE benchmark Sensex today rose over 158 points in early trade on sustained buying by funds and retail investors, mainly in realty, banking, auto and metal sector stocks.
Also, the wide-based National Stock Exchange index Nifty, regained the 6,000 points level by surging 41.10 points, or 0.69 per cent, to 6,036.50.
Rising for the second straight session, the BSE's 30-share barometer rose by 158.19 points, or 0.80 per cent, to 19,880.48. In yesterday's session, Sensex had gone up by 30.62 points.
Brokers said the sentiment remained firm on sustained buying by participants after WPI inflation eased to over three years low, giving room for the Reserve Bank to cut interest rates, amid a firming trend in the global markets.
In the Asian region, Japan's Nikkei gained 2.123 per cent to trade at over five-year high as exporters rallied on the yen's sharp slide, while Hong Kong's Hang Seng rose by 0.39 per cent in early trade today.
The US Dow Jones Industrial Average ended 0.82 per cent higher yesterday.
Subscribe to Business Standard digital and get complimentary access to The New York Times

Smart Quarterly

₹900

3 Months

₹300/Month

SAVE 25%

Smart Essential

₹2,700

1 Year

₹225/Month

SAVE 46%

Super Saver

₹3,900

2 Years

₹162/Month

Subscribe

Renews automatically, cancel anytime

Here’s what’s included in our digital subscription plans

Access to Exclusive Premium Stories

  • Over 30 subscriber-only stories daily, handpicked by our editors

Complimentary Access to The New York Times

  • News, Games, Cooking, Audio, Wirecutter & The Athletic

Business Standard Epaper

  • Digital replica of our daily newspaper — with options to read, save, and share

Curated Newsletters

  • Insights on markets, finance, politics, tech, and more delivered to your inbox

Market Analysis & Investment Insights

  • In-depth market analysis & insights with access to The Smart Investor

Archives

  • Repository of articles and publications dating back to 1997

Ad-free Reading

  • Uninterrupted reading experience with no advertisements

Seamless Access Across All Devices

  • Access Business Standard across devices — mobile, tablet, or PC, via web or app

More From This Section

First Published: May 15 2013 | 9:45 AM IST