APN News

  • Tuesday, January, 2021| Today's Market | Current Time: 01:44:46
  • The B S E benchmark Sensex on Thursday recovered by over 87 points in the opening trade, snapping out of a two-session losing streak on fresh buying by funds and retail investors amid a firming trend overseas.

    The 30-share index rose by 87.49 points, or 0.45 per cent to 19,959.64 points on the back of recovery in oil and gas, metal, banking and realty sector stocks. The index had lost about 297 points in the previous two sessions after investors booked profits.

    The wide-based National Stock Exchange index Nifty moved up by 28.65 points or 0.47 per cent to 6,010.75 points.

    Brokers said capital inflows by foreign funds into equities and firming trend in global stock markets, helped stocks to rebound but IT stocks were under pressure due to a weakening dollar.

    In Asian markets, the Hong Kong’s Hang Seng Index was up by 0.68 per cent, while Japanese Nikkei gained 0.66 per cent in the morning trade today. In the US, the Dow Jones Industrial Index ended 1.18 per cent up yesterday on higher than estimated third quarterly results by Boeing.