Sensex recovers 60 points in opening trade

November 11, 2010 10:23 am | Updated November 15, 2010 05:26 pm IST - Mumbai:

The Bombay Stock Exchange benchmark Sensex today bounced back, gaining 60 points in the opening trade on the back of rally in banking, oil and gas, and metal stocks following fresh buying by funds amid firming global cues.

The 30-share index, which had lost 56.77 points in the previous session, rose by 60.24 points to 20,935.95 points.

The wide-based National Stock Exchange index Nifty moved up by 17.00 points or 0.27 per cent to 6,292.70 points.

Brokers said increased capital inflows by foreign funds into equities and firming trend in global markets helped stocks rebound.

In Asian markets, the Hong Kong’s Hang Seng Index was up by 0.29 per cent and Japan’s Nikkei Index by 0.39 per cent in morning trade. In the US, the Dow Jones Industrial Index ended 0.09 per cent up yesterday.

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.