Sensex rises for 2nd day; up over 65 points in early trade

Last Updated: Tuesday, October 16, 2012 - 10:14

Mumbai: The BSE benchmark Sensex on Tuesday rose further over 65 points in early trade on sustained buying by funds and retailers amid a firm trend in Asian regions.

The 30-share barometer, which had gained 38.37 points in the previous session, rose further by 65.66 points, or 0.35 percent, to 18,779.21, led by oil and gas, realty and power sectors stocks.

Similarly, the wide-based National Stock Exchange index Nifty moved up by 17.50 points, or 0.31 percent, to 5,704.75.

Brokers said sustained buying by funds and retail investors amid a firm trend in the Asian region following overnight gains at the US market, mainly influenced the trading sentiment here.

Meanwhile, in the Asian region, Hong Kong's Hang Seng rose by 0.03 percent, while the Japan's Nikkei by 0.94 percent in early trade today.

The US Dow Jones Industrial Average ended 0.72 percent higher in yesterday's trade.


First Published: Tuesday, October 16, 2012 - 10:05

More from zeenews

comments powered by Disqus