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Sensex jumps 134 points after three-session fall

The gauge had lost 1,218.99 points in the previous three sessions.


Sensex jumps 134 points after three-session fall

Mumbai: The BSE benchmark Sensex rebounded over 134 points in early trade on Thursday, after a three-session fall, on fresh buying by investors despite subdued Asian cues.

The 30-share index was trading higher by 134.38 points or 0.51 percent to 26,433.07 with banking, oil&gas, PSU, metal, auto, realty, healthcare and metal sectors leading the recovery.

The gauge had lost 1,218.99 points in the previous three sessions.

The NSE Nifty was up 30.35 points or 0.37 percent at 8,141.95 in early trade.

Brokers said continued purchases by domestic financial institutions and value-buying by retail investors in recently battered stocks influenced sentiments.

They said, however, sustained capital outflows by foreign funds restricted the gains.

Among other Asian markets, Hong Kong's Hang Seng was down 0.12 percent, while Shanghai Composite Index shed 0.49 percent in early trade today. Japan's Nikkei also lost 0.08 percent.

The US Dow Jones Industrial Average ended 0.29 percent lower in yesterday's trade.

 

From Zee News

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