Sensex Jumps 140 Pts on Value Buying, Global Cues

The gauge had lost 81.14 points in yesterday\'s volatile trade.

Published: 15th January 2016 09:48 AM  |   Last Updated: 15th January 2016 09:48 AM   |  A+A-


Bombay Stock Exchange (File|Reuters)


MUMBAI: The benchmark BSE Sensex recouped about 140 points in early trade today on value-buying byparticipants, tracking overnight strong rally in the US equities.

The 30-share barometer rose 139.67 points, or 0.56 per cent, to 24,912.64, with IT, teck, realty, metal healthcare and power sector stocks leading the gains.

The gauge had lost 81.14 points in yesterday's volatile trade.

On similar lines, the benchmark NSE index Nifty traded higher by 29.70 points, or 0.39 per cent, at 7,566.50.

Brokers said value-buying in bluechip stocks by participants after recent losses and a overnight rally in US stocks following strong corporate earnings and a rebound in oil prices boosted market sentiment here.

Moreover, a mixed trend at other Asian bourses influenced sentiments, they said.

The US Dow Jones Industrial Average ended 1.41 per cent higher in yesterday's trade.

Among Asian markets, Hong Kong's Hang Seng index was down by 0.61 per cent while Japan's Nikkei gained 0.73 per cent in early trade. Shanghai Composite Index was down 1.38 per cent.

More from Business.


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