Placeholder canvas

Sensex soars 325 points in early trade on global cues

Date:

Mumbai: The benchmark BSE Sensex soared by 325 points to trade above the 27,000 level on Friday following a flurry of buying by investors amid strong Asian trends.

The 30-share index, which had lost 190.04 points in the previous, rebounded by 325.38 points, or 1.21%, to 27,171.19 points.

All sectoral indices led by metal, capital goods, realty and banking were in the positive zone, rising up to 1.67%.

The NSE Nifty too recaptured 8,200-mark by climbing 82.60 points, or 1.01%, to 8,211.95.

Brokers said all-round buying by participants, tracking a rally at the other Asian markets following overnight gains at the Wall Street helped the indices rebound.

Global markets were firm after Federal Reserve meeting minutes raised expectations the US central bank will not hike rates any time soon.

In other markets in Asia, Hong Kong’s Hang Seng rallied 1.76% while Japan’s Nikkei uptick 0.78% in early trade on Friday.

The US Dow Jones Industrial Average ended 0.82% higher in Thursday’s trade.

LEAVE A REPLY

Please enter your comment!
Please enter your name here

Share post:

Subscribe

Popular

More like this
Related

IPL 2024: Samson and Jurel’s Half-Centuries Lead RR To Seven-Wicket Win Against LSG

Lucknow: Rajasthan Royals (RR) sealed a remarkable 7-wicket victory...

“People judged me for not affording a Rs 4 lakh monthly fitness trainer,” Parineeti Chopra reveals

Parineeti Chopra recently shared insights into her early days...

IPL 2024: Khaleel, Mukesh, Rasikh Salam’s Supercharged Pace Attack Helps DC Seal 10-Run Win Over MI

New Delhi: Rasikh Dar Salam, Mukesh Kumar, and Khaleel...

Vande Bharat Metro Trial Runs To Begin In July 2024

New Delhi: India is set to mark a significant...