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Sensex advances 39 points on value-buying
The 30-share index advanced by 39.77 points or 0.15 percent to trade at 25,190.12.
Mumbai: The BSE Sensex rose over 39 points to trade at 25,190.12 in early trade today with increased buying by participants leading to across-the-board gains, even as the retail inflation moved-up to 5.41 percent in November amid mixed Asian cues.
Retail inflation rose to 5.41 percent in November, 4th straight month of uptick as prices of vegetables, pulses and fruits went up further to push the rate of price rise above the Reserve Bank's comfort level.
The 30-share index advanced by 39.77 points or 0.15 percent to trade at 25,190.12 as all sectoral indices, led by oil&gas, healthcare, realty, consumer durables, PSU and metal, were trading in the positive zone with gains of up to 0.60 percent.
The gauge had gained 105.92 points in the previous choppy session.
On similar lines, the NSE Nifty was quoting 13.90 points or 0.18 percent higher at 7,663.95.
Brokers said value buying in recently battered blue-chip stocks and a mixed trend at other Asian markets, influenced trading sentiments.
Among other Asian markets, Hong Kong's Hang Seng was up 0.50 percent while Japan's Nikkei shed 0.74 percent in early trade. Shanghai Composite index marginally up 0.09 percent.
The US Dow Jones Industrial Average ended 0.60 percent higher in yesterday's trade.