Sensex recovers by 37 points in early trade
AGENCIES | Mumbai, April 23, 2012 10:46
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BSE benchmark Sensex | Sensex gains | Sensex up 37 points | National Stock Exchange index Nifty | Nifty up | |
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The BSE benchmark Sensex recovered by nearly 37 points in early trade on Monday on selective buying by funds and retailers.
The 30-share barometer, which had lost nearly 130 points in the previous session, rose by 36.99 points, or 0.21 per cent, to 17,410.83.
The wide-based National Stock Exchange index Nifty also moved up by 11.90 points, or 0.22 per cent, to 5,302.75.
Brokers said emergence of buying by funds and retail investors at select index-related stocks helped Sensex to trade in the
positive zone.
Stocks of RIL, country's most valued company, traded 0.44 per cent higher at Rs 734.65 despite it posted 21 per cent dip in fourth quarter earnings which was reported after the close of trading hours on Friday.
In the Asian region, Japan's Nikkei rose by 0.40 per cent, while Hong Kong's Hang Seng index was being quoted 0.33 per cent lower in early trade.
The US Dow Jones Industrial Average ended 0.50 per cent higher in the previous session on Friday.
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