Sensex opens in green on value-buying, climbs 164 points
The benchmark Sensex opened in the
green by rising 164 points today, buoyed by value-buying in
select blue-chips at a time of firm Asian cues.
The 30-share BSE index was up 163.80 points, or 0.49 per
cent, at 32,924.24. Also, the NSE Nifty rose by 50.85 points,
or 0.50 per cent, to 10,168.90.
All sectoral indices, including capital goods, oil and
gas, consumer durables and healthcare, advanced by up to 0.60
The Sensex had lost 554.12 points in the previous three
sessions on subdued exports, higher inflation and muted second
quarter earnings of some companies.
Value-buying in recent losers and a better trend at other
Asian markets triggered fresh spell of buying on the domestic
Besides, a continued slide in crude oil prices drew
investors' attention, fuelling buying in oil marketing company
stocks, they added.
Prominent gainers were Reliance Industries, Tata Motors,
ONGC, L&T, Bharti Airtel and Dr Reddy's, rising by up to 1.88
Hong Kong's Hang Seng was up by 0.61 per cent while
Japan's Nikkei added 0.83 per cent in early trade today.
Shanghai Composite, however, was down 0.10 per cent.
The US Dow Jones Industrial Average ended 0.59 per cent
(This article has not been edited by Zeebiz editorial team and is auto-generated from an agency feed.)
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