Sensex regains 27K-mark in early trade; Nifty up 15 points

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Mumbai: The benchmark BSE Sensex recovered over 50 points to regain the 27,000-mark and the NSE Nifty rose by 15 points in early trade on Wednesday following rebound in bluechips and value-buying by participants.

The 30-share index, which had witnessed its worst crash in five-and-a-half years due to global turmoil, rose by 50.05 points, or 0.19%, to trade above the 27,000-mark at 27,037.51.

The gauge has lost 900.44 points in the previous two sessions.

Stocks of consumer durables, realty, IT, FMCG and oil & gas sectors led the recovery.

On similar lines, the National Stock Exchange index Nifty was up by 15 points, or 0.18%, to 8,142.35.

Brokers said emergence of buying at prevailing lower levels in bluechips helped key indices to trade in the positive zone.

Besides, a mixed trend at other Asian markets influenced sentiments here, they said.

Among other Asian markets, Hong Kong’s Hang Seng was down by 0.38%, while Japan’s Nikkei was up by 0.54% in early trade on Wednesday.

The US Dow Jones Industrial Average ended 0.74% lower in Tuesday’s trade.

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