Sensex up 66 points in early trade

December 13, 2012 09:53 am | Updated June 15, 2016 06:56 pm IST - Mumbai

The BSE benchmark Sensex on Thursday recovered by over 66 points in early trade on fresh buying by funds and retailers. File photo

The BSE benchmark Sensex on Thursday recovered by over 66 points in early trade on fresh buying by funds and retailers. File photo

The BSE benchmark Sensex on Thursday recovered by over 66 points in early trade on fresh buying by funds and retailers amid a firming trend on the other Asian bourses.

The 30-share barometer, which has lost nearly 132 points in the past four sessions, rose by 66.46 points, or 0.34 per cent, to 19,421.72, led by gains in stocks of auto, realty, healthcare and IT sectors.

Similarly, the wide-based National Stock Exchange index Nifty moved up by 19.45 points, or 0.33 per cent, to 5,907.45.

Brokers said fresh round of buying by funds as well as retail investors, tracking a firming trend on the Asian markets after the U.S. Federal Reserve took new stimulus steps to bolster the economy.

They said, however, rising inflation, which dimmed hopes of a rate cut, capped the gains.

Meanwhile, in Asia, Hong Kong’s Hang Seng index rose 0.22 per cent, while Japan’s Nikkei gained 1.90 per cent.

The U.S. Dow Jones Industrial Average ended 0.02 per cent lower in Wednesday’s trade.

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.