Sensex up 83 points in early trade

The benchmark BSE Sensex gained over 83 points in early trade on Friday on the back of fresh buying by funds and retail investors after beginning of new settlement for July series in the derivatives segment amid easing of global crude oil prices.

The 30-share index, which had lost 306.23 points in the previous two sessions, recovered by 83.41 points, or 0.33 per cent, to 25,146.08 with healthcare, power, oil & gas and PSU sector stocks leading the rise.

On similar lines, the National Stock Exchange index Nifty rose 25.20 points, or 0.34 per cent, to 7,518.40.

Brokers said easing of crude oil prices in Asian trade influenced the sentiments in India

Brokers said emergence of buying by participants amid beginning of new monthly settlement for July series in the derivatives segment and easing of crude oil prices in Asian trade influenced the sentiments in India.

Among other Asian markets, Hong Kong’s Hang Seng was down 0.24 per cent, while Japan’s Nikkei fell 0.62 per cent in early trade today.

The U.S. Dow Jones Industrial Average ended 0.13 per cent lower in Thursday’s trade on disappointing economic data.