MUMBAI: The Bombay Stock Exchange benchmark sensex gained over 84 points in opening trade on Tuesday, snapping a four-session losing streak on the back of a fresh spell of buying in oil and gas, metals and banking stocks amid a firming trend on other Asian bourses.
The 30-share index of the Bombay Stock Exchange, which has lost over 228 points in the previous four sessions, recovered by 84.37 points, or 0.45 per cent, to 18,350.40 in the first few minutes of trade, with select blue-chips leading the recovery.
The wide-based National Stock Exchange Nifty index regained the 5,500 points level by rising 27.20 points, or 0.46 per cent, to 5,510.00.
Brokers attributed the rise in select stocks to fresh buying by funds and retail investors, driven by a firming trend on other Asian bourses.
Japan's Nikkei index was trading 0.16 per cent higher, while Hong Kong's Hang Seng Index rose 0.27 per cent in early trade on Tuesday. The US Dow Jones Industrial Averaged ended 0.01 per cent higher in yesterday's trade.
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The 30-share index of the Bombay Stock Exchange, which has lost over 228 points in the previous four sessions, recovered by 84.37 points, or 0.45 per cent, to 18,350.40 in the first few minutes of trade, with select blue-chips leading the recovery.
The wide-based National Stock Exchange Nifty index regained the 5,500 points level by rising 27.20 points, or 0.46 per cent, to 5,510.00.
Brokers attributed the rise in select stocks to fresh buying by funds and retail investors, driven by a firming trend on other Asian bourses.
Japan's Nikkei index was trading 0.16 per cent higher, while Hong Kong's Hang Seng Index rose 0.27 per cent in early trade on Tuesday. The US Dow Jones Industrial Averaged ended 0.01 per cent higher in yesterday's trade.
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