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Sensex rebounds to hold hefty gains at open

Last Updated: Thursday, August 13, 2009 - 10:35

Mumbai: The Bombay Stock Exchange benchmark
recovered sharply by gaining over 308 points in early trade
on Thursday on emergence of buying at lower levels triggered by an
attractive industrial data and firming global trend.

The Sensex which had lost 54.43 points in previous day`s
trading, surged by 308.08 points at 15,328.24 points in first
ten minutes of trading.

Similarly, wide-based national stock exchange index Nifty
shot up 91.65 points at 4549.15 points at the same time.

Marketmen said a better-than-expected industrial data
released yesterday, mainly influenced the trading sentiment.

They said a better trend in Asia and as well as US
stock markets further boosted the trend.

Bureau Report

First Published: Thursday, August 13, 2009 - 10:35
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