The BSE benchmark index Sensex recovered by almost 52 points

Sensex up 52 points in early trade

The BSE benchmark index Sensex recovered by almost 52 points in early trade today on buying by funds and retail investors which took cues from firming trends on the other Asian bourses.

Also encouraging quarterly earnings by some corporates also influenced the sentiments.

The Sensex, which had lost 82.06 points in the previous session, recovered by 51.99 points, or 0.29 per cent to 17,800.68 points.

Similarly, the broad-based Nifty of the National Stock Exchange moved up by 8.50 points, or 0.16 per cent to 5,390.10 points with oil and gas, healthcare, PSUs, consumer durables and metal stocks trading in the positive zone.

In the Asian region, the Hong Kong’s Hang Seng was up by 0.30 per cent, while Japanese Nikkei was up by 0.20 per cent in the morning trade on Monday.

Brokers said a firming trend on the other Asian bourses after Greece’s parliament approved a new set of austerity measures that were required by international lenders in exchange for an emergency bailout influenced the sentiment.

Thanks to THE HINDU