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Sensex gains 64 pts in early trade on Asian cues

Press Trust of India  |  Mumbai 

The benchmark advanced almost 64 points to 29,400.14 in early trade today on sustained buying by domestic institutional investors amid firm Asian cues.

The 30-share index rose 63.57 points or 0.22 per cent to 29,400.14. The gauge had gained 17.43 points in the previous session.

Also, the was up 23 points, or 0.25 per cent, to 9,126.50.

Sectoral indices, led by realty, metal and FMCG, were trading in the positive zone with gains of up to 0.87 per cent.

Brokers said that a firm trend at other Asian markets after prices rebounded from an overnight sell-off amid reporting stronger-than-expected in March and easing tensions over North Korea helped lift sentiments.

of private lender Yes Bank, however, plunged 6.50 per cent to Rs 1,501 after the asset quality of the slipped in the declared yesterday.

Among other Asian markets, Japan's was up 0.31 per cent while Hong Kong's index rose 0.33 per cent in morning trade.

The US Dow Jones Industrial Average ended 0.58 per cent down in yesterday's trade, weighed down by weak earnings.

(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

First Published: Thu, April 20 2017. 10:07 IST