New Delhi: The BSE benchmark Sensex gained over 69 points in early trade on Tuesday on sustained buying by funds and retail investors amid strengthening rupee. The National Stock Exchange index Nifty traded 18.80 points, or 0.30%, higher at 6,207.80.
The buying took place mainly in realty, metal, capital goods, oil and gas and IT sector stocks. Rising for the third straight session, the 30-share index gained 69.59 points, or 0.33%, to 20,920.33. In the past two sessions, Sensex had gone up by 656.34 points. Brokers said sentiments remained firm on sustained buying by participants driven by the RBI’s plans to inject Rs. 8,000 crore into the financial system to ease liquidity and further strengthen the rupee.
In the Asian region, Hong Kong’s Hang Seng rose 0.53%, while Japan’s Nikkei shed 0.73% in early trade today. The US Dow Jones Industrial Average ended 0.09% higher after crossing 16,000 points for the first time in Monday’s trade.
Bureau Report
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