Sensex Rebounds 274 Points, Nifty Above 10,200-mark

Mumbai: Snapping their six-day losing streak, stocks staged a strong comeback in early trade today, with the BSE Sensex rebounding by 274 points and the Nifty recapturing the 10,200-mark on fresh buying by domestic institutional investors.

Asian markets were also trading in the green, boosted by easing fears of a global trade war as the White House signalled it would water down plans for contentious metal tariffs.

The 30-share Sensex rose by 273.75 points, or 0.82 per cent, to 33,306.84 in early trade. The gauge had lost 1,412.66 points in the previous six sessions.

All the sectoral indices, led by realty, teck, IT, consumer durables and metal, were trading in the green with gains of up to 1.32 per cent.

The broad-based NSE Nifty went up by 80.65 points or 0.79 per cent to 10.234.85.

Be the first to comment

Leave a Reply

Your email address will not be published.