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Sensex gains 105 pts in early trade

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Press Trust of India Mumbai

The 30-share barometer, which lost about 76 points in the previous two sessions, recovered by 105.15 points, or 0.61 per cent, to 17,235.82.

All sectoral indices, led by power and auto, were trading in the positive zone with gains of up to 0.98 per cent.

The wide-based National Stock Exchange index Nifty moved up by 33.85 points, or 0.65 per cent, to 5,222.85.

Brokers said fresh buying by funds and retail investors in line with a firming trend on Asian bourses, following overnight gains in the US stocks, boosted the trading sentiment here.

They said expectations of a normal monsoon this year, which is vital for country's economy, too had a positive impact.

 

Meanwhile, in the Asian region, Hong Kong's Hang Seng Index rose by 0.37 per cent and Japan's Nikkei Index by 0.12 per cent in morning trade. The US Dow Jones Industrial Average ended 0.87 per cent higher in yesterday's trade after upbeat housing data and stronger-than-expected corporate earnings. PTI SUN RS DP

  

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First Published: Apr 27 2012 | 10:25 AM IST

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