Sensex appreciates 193 pts, Nifty secures 9,800 level
The benchmark BSE Sensex regained about 193 points and the Nifty secured the 9,800-mark in early trade today on buying in banking, oil and FMCG stocks after recent losses. The BSE 30-share barometer rebounded by 193.39 points, or 0.61 per cent, to 31,581.78. The gauge had lost 362.43 points in the previous session due to general weakness across the globe pumped by North Korea's missile launch over Japan. All the sectoral indices led by realty, metal, infrastructure and banking were positive, adding up to 1.23 per cent. The NSE Nifty was also higher by 75.20 points, or 0.76 per cent, to quote at 9,871.25. Adani Ports surged the most among Sensex components gaining 2.29 per cent, followed by Sun Pharma (1.44 per cent). HDFC Ltd, Cipla, Axis Bank, Tata Steel, ICICI Bank, Hero MotoCorp, Maruti Suzuki, Coal India, Reliance Industries, SBI and Tata Motors, rising by up to 1.44 per cent become the major gainers. In Asian trade, Japan's Nikkei was up 0.55 per cent while Hong Kong's Hang Seng rose 0.79 per cent in early deals. Shanghai Composite too edged higher 0.05 per cent. The US Dow Jones Industrial Average ended higher by 0.26 per cent yesterday. -PTC News
