Starting the new fiscal on a positive note, the BSE Sensex on Monday, gained 84 points in early trade on increased buying by funds as well as retail investors at prevailing levels.
The 30-share index rose by 83.98 points, or 0.44 per cent, to trade at 18,919.75 points, with sectoral indices led by oil and gas, capital goods and realty, trading in positive zone with gains up to 1 per cent.
The Sensex had gained 154.35 points in the previous two sessions.
ADVERTISEMENT
The broad-based National Stock Exchange index Nifty rose by 22.10 points, or 0.38 per cent, to 5,704.65.
Brokers said value buying by funds and retail investors as stocks available at attractive levels, supported the upside but India’s Current Account Deficit touching a record high of 6.7 per cent in the October-December quarter forced participants to adopt cautious approach.
In the Asian region, Japan’s Nikkei fell by 1 per cent in early trade today, while Hong Kong markets remained closed.
ADVERTISEMENT
The U.S. Dow Jones Industrial Average ended 0.36 per cent higher in previous session on Thursday.
Forex market Closed
There is no trading in the Interbank Foreign Exchange (Forex) and money market in Mumbai today for annual closing of bank accounts.