MUMBAI: The Bombay Stock Exchange benchmark Sensex today opened 75 points up on the back of selective buying by funds and retail investors amid better global cues.
The 30-share index, which had lost nearly 285 points in the past two sessions, rose by 74.61 points or 0.38 per cent to 19,771.09 points, with oil and gas, metal and IT sector stocks leading the recovery.
Likewise, the wide-based National Stock Exchange index Nifty moved up by 23.60 points or 0.39 per cent to 5,927.30 level.
Brokers said fresh buying by funds following firming trend in global markets helped stocks to stage a partial recovery.
In Asia, the key indices Hang Seng and Nikkei were trading 0.54 per cent and 0.45 per cent up in the morning trade. In the US, the Dow Jones Industrial Index ended 0.12 per cent higher yesterday against the previous close.
Read more: Sensex bounces 75 pts up in opening trade - The Times of India http://timesofindia.indiatimes.com/business/india-business/Sensex-bounces-75-pts-up-in-opening-trade/articleshow/7069427.cms#ixzz17aQHRh1C
The 30-share index, which had lost nearly 285 points in the past two sessions, rose by 74.61 points or 0.38 per cent to 19,771.09 points, with oil and gas, metal and IT sector stocks leading the recovery.
Likewise, the wide-based National Stock Exchange index Nifty moved up by 23.60 points or 0.39 per cent to 5,927.30 level.
Brokers said fresh buying by funds following firming trend in global markets helped stocks to stage a partial recovery.
In Asia, the key indices Hang Seng and Nikkei were trading 0.54 per cent and 0.45 per cent up in the morning trade. In the US, the Dow Jones Industrial Index ended 0.12 per cent higher yesterday against the previous close.
Read more: Sensex bounces 75 pts up in opening trade - The Times of India http://timesofindia.indiatimes.com/business/india-business/Sensex-bounces-75-pts-up-in-opening-trade/articleshow/7069427.cms#ixzz17aQHRh1C
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