Sensex opens in green as blue-chips climb in cautious trade

July 07, 2016 10:09 am | Updated 10:09 am IST - Mumbai

The benchmark Sensex recovered over 43 points, helped by buying in select blue-chip stocks amid mixed global cues.

Still, investors treaded cautiously as they try to assess the long-term fallout of Britain’s vote to leave the European Union.

The 30-share index was trading higher by 43.10 points, or 0.15 per cent, at 27,209.97. Metal, realty, consumer durables, PSU, capital goods, healthcare, FMCG and banking stocks showed up in the green, with gains up to 0.76 per cent.

The gauge had lost 111.89 points in the previous session on Tuesday. The stock exchange was shut on Wednesday on account of Eid-Ul-Fitr.

Also, the NSE Nifty rose 7.80 points, or 0.09 per cent, to 8,343.75.

Brokers said fresh buying in select blue-chips and a mixed trend in Asia because of fears of instability in the European Union had their bearing on the mood here.

Hong Kong’s Hang Seng was up 0.74 per cent while Japan’s Nikkei shed 0.23 per cent in early trade today. Shanghai Composite was down 0.14 per cent.

The US Dow Jones Industrial Average ended 0.44 per cent higher on Wednesday.

0 / 0
Sign in to unlock member-only benefits!
  • Access 10 free stories every month
  • Save stories to read later
  • Access to comment on every story
  • Sign-up/manage your newsletter subscriptions with a single click
  • Get notified by email for early access to discounts & offers on our products
Sign in

Comments

Comments have to be in English, and in full sentences. They cannot be abusive or personal. Please abide by our community guidelines for posting your comments.

We have migrated to a new commenting platform. If you are already a registered user of The Hindu and logged in, you may continue to engage with our articles. If you do not have an account please register and login to post comments. Users can access their older comments by logging into their accounts on Vuukle.