MUMBAI: The BSE benchmark Sensex opened over 62 points higher today on selective buying by funds and retail investors, taking cues from a firming trend on other Asian bourses after yesterday's losses.
The 30-share index of the Bombay Stock Exchange, which lost 16.19 points in the previous volatile session, recovered by 62.23 points, or 0.33%, to 18,575.00 in the first few minutes of trade today, with auto, metals, banking and realty stocks leading the recovery.
Similarly, the wide-based National Stock Exchange Nifty index also moved up by 15.60 points, or 0.28%, to 5,556.85.
Brokers attributed the rise in select stocks to fresh buying by funds and retail investors, driven by a firming trend on other Asian bourses following overnight gains in the US market.
Japan's Nikkei index was trading 0.65% higher, while Hong Kong's Hang Seng Index gained 0.28% in early trade today. The US Dow Jones Industrial Averaged ended 0.60% higher in yesterday's trade.
TOI
The 30-share index of the Bombay Stock Exchange, which lost 16.19 points in the previous volatile session, recovered by 62.23 points, or 0.33%, to 18,575.00 in the first few minutes of trade today, with auto, metals, banking and realty stocks leading the recovery.
Similarly, the wide-based National Stock Exchange Nifty index also moved up by 15.60 points, or 0.28%, to 5,556.85.
Brokers attributed the rise in select stocks to fresh buying by funds and retail investors, driven by a firming trend on other Asian bourses following overnight gains in the US market.
Japan's Nikkei index was trading 0.65% higher, while Hong Kong's Hang Seng Index gained 0.28% in early trade today. The US Dow Jones Industrial Averaged ended 0.60% higher in yesterday's trade.
TOI
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