ID :
169960
Tue, 03/22/2011 - 12:06
Auther :
Shortlink :
https://oananews.org//node/169960
The shortlink copeid
Sensex opens 100 points higher on fresh buying
Mumbai, Mar 22 (PTI) The Bombay Stock Exchange benchmark
Sensex in India recovered by over 100 points in opening trade
Tuesday after three straight days of losses, in tandem with a
firming trend on other Asian bourses.
The 30-share barometer, which lost over 520 points in the
previous three sessions, rose by 100.78 points, or 0.56 per
cent, to 17,939.83 in opening trade Tuesday, with stocks of
IT,
auto, realty and capital goods companies supporting the
recovery.
In a similar fashion, the wide-based National Stock
Exchange Nifty index moved up by 30.60 points, or 0.57 per
cent, to 5,395.35 points.
Brokers said reports of a firming trend on Japan's Tokyo
Stock Exchange and other Asian bourses following overnight
gains in the US market buoyed the sentiment at home, though
surging global crude oil prices restricted the gains.
The Tokyo Stock Exchange's Nikkei rallied by 3.61 per
cent, while Hong Kong's Hang Seng gained 0.28 per cent in
morning trade today. The US Dow Jones Industrial Average ended
1.50 per cent higher in Monday's trade.
Sensex in India recovered by over 100 points in opening trade
Tuesday after three straight days of losses, in tandem with a
firming trend on other Asian bourses.
The 30-share barometer, which lost over 520 points in the
previous three sessions, rose by 100.78 points, or 0.56 per
cent, to 17,939.83 in opening trade Tuesday, with stocks of
IT,
auto, realty and capital goods companies supporting the
recovery.
In a similar fashion, the wide-based National Stock
Exchange Nifty index moved up by 30.60 points, or 0.57 per
cent, to 5,395.35 points.
Brokers said reports of a firming trend on Japan's Tokyo
Stock Exchange and other Asian bourses following overnight
gains in the US market buoyed the sentiment at home, though
surging global crude oil prices restricted the gains.
The Tokyo Stock Exchange's Nikkei rallied by 3.61 per
cent, while Hong Kong's Hang Seng gained 0.28 per cent in
morning trade today. The US Dow Jones Industrial Average ended
1.50 per cent higher in Monday's trade.