Monday, August 16, 2010

Sensex opens 81 points higher in early trade

MUMBAI: The Bombay Stock Exchange benchmark Sensex opened higher by 81 points on buying in auto, banking and oil stocks by funds.

The 30-share index recovered by 81.44 points to 18,132.22 points in the first five minutes of trading. It had lost 116.25 points in the previous session,

Similarly, the wide-based National Stock ExchangeNifty rose by 20.15 points to 5,438.45 points.

Brokers said investors indulged in buying in fundamentally strong shares available at attractive levels after a fall in the previous session.

Other Asian markets were mixed in early trade. Chinese shares were up 0.28 per cent on hopes of strong first-half corporate earnings, while Japanese Nikkei index lost 1.16 per cent. Hong Kong shares fell by 0.10 per cent in early trade.

TOI

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