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Sensex gains 311 points
AGENCIES | Mumbai, March 9, 2012 10:01
Tags : BSE benchmark | Sensex | 311 points | early trade | buying by funds | retail investors | global markets |
Tags : BSE benchmark | Sensex | 311 points | early trade | buying by funds | retail investors | global markets |
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The BSE benchmark Sensex gained nearly 311 points in early trade today on emergence of buying by funds and retail investors at lower levels amid a firm trend in global markets.
The 30-share barometer, which had lost 492 points in the last three trading sessions, rebounded by 310.70 points, or 1.81 per cent, to 17,456.22 points.
All sectoral indices were trading in positive zone with gains of up to 2.75 per cent. The wide-based National Stock Exchange index Nifty also moved up by 78.65 points, or 1.51 per cent, to 5,299.10.
Brokers said emergence of buying by funds and retail investors at existing lower levels amid a firm trend in Asian markets in line with overnight gains in the US markets bolstered the trading sentiment.
In Asia, Hong Kong's Hang Seng Index rose by 0.21 per cent, while Japan's Nikkei index was up by 1.45 per cent in the morning trade. The US Dow Jones Industrial Average gained 0.55 per cent in yesterday's trade.
Issue Dated: Feb 5, 2017
