Sensex Regains 25k-mark, up 117 Points in Early Trade

After yesterday\'s major fall, BSE Sensex recaptured the crucial 25,000-mark by rebounding 117 points in early trade.

Published: 06th April 2016 09:37 AM  |   Last Updated: 06th April 2016 10:49 AM   |  A+A-


MUMBAI: After yesterday's major fall, the benchmark BSE Sensex recaptured the crucial 25,000-mark by rebounding 117 points in early trade on fresh buying by funds and retail investors in bluechips amid firm Asian cues.

The Sensex had plunged 516.06 points in yesterday's trade after Reserve Bank cut repo rate by 25 basis points to 6.5 per cent, which was in line with market expectations.

The 30-share index rebounded by 117.06 points or 0.47 per cent to 25,000.65 in early trade as realty, metal, auto and banking sector stocks led the recovery.

Similarly, the National Stock Exchange index Nifty rose by 35.45 points or 0.46 per cent to 7,638.65. It had lost 155.60 points in yesterday's trade.

Brokers said value-buying by investors and funds in beaten down stocks and a firm trend at other Asian markets, influenced trading sentiment.

Among other Asian markets, Hong Kong's Hang Seng was up 0.30 per cent while Japan's Nikkei rose 0.24 per cent in early trade on rally in oil prices. Shanghai Composite Index was trading 0.09 per cent higher.

The US Dow Jones Industrial Average overnight ended 0.75 per cent down.

Stay up to date on all the latest Business news with The New Indian Express App. Download now


Disclaimer : We respect your thoughts and views! But we need to be judicious while moderating your comments. All the comments will be moderated by the editorial. Abstain from posting comments that are obscene, defamatory or inflammatory, and do not indulge in personal attacks. Try to avoid outside hyperlinks inside the comment. Help us delete comments that do not follow these guidelines.

The views expressed in comments published on are those of the comment writers alone. They do not represent the views or opinions of or its staff, nor do they represent the views or opinions of The New Indian Express Group, or any entity of, or affiliated with, The New Indian Express Group. reserves the right to take any or all comments down at any time.

flipboard facebook twitter whatsapp