Sensex up 50 points in early trade

Image
Press Trust of India Mumbai
Last Updated : Jul 10 2013 | 9:45 AM IST
The BSE benchmark index Sensex today rose almost 50 points in early trade, extending gains for the second straight session on sustained buying by funds amid further recovery in in the rupee and a firming trend in the Asian region.
The 30-share index, which had gained 114.71 points in the previous session, rose further by 49.65 points, or 0.26 per cent, to 19,489.13 points, led by rise in realty, banking and power sector stocks.
The National Stock Exchange index Nifty moved up by 15.85 points, or 0.27 per cent, to 5,874.85 points.
Brokers said sustained buying by funds driven by further recovery in the rupee after Sebi and the RBI took steps to curb volatility in the currency and a firm trend in other Asian bourses mainly boosted the trading sentiment.
In Asia, Hong Kong's Hang Seng index rose by 0.77 per cent, while Japan's Nikkei by 0.12 per cent in early trade.
The US Dow Jones Industrial Average ended 0.50 per cent higher yesterday.
*Subscribe to Business Standard digital and get complimentary access to The New York Times

Smart Quarterly

₹900

3 Months

₹300/Month

SAVE 25%

Smart Essential

₹2,700

1 Year

₹225/Month

SAVE 46%
*Complimentary New York Times access for the 2nd year will be given after 12 months

Super Saver

₹3,900

2 Years

₹162/Month

Subscribe

Renews automatically, cancel anytime

Here’s what’s included in our digital subscription plans

Exclusive premium stories online

  • Over 30 premium stories daily, handpicked by our editors

Complimentary Access to The New York Times

  • News, Games, Cooking, Audio, Wirecutter & The Athletic

Business Standard Epaper

  • Digital replica of our daily newspaper — with options to read, save, and share

Curated Newsletters

  • Insights on markets, finance, politics, tech, and more delivered to your inbox

Market Analysis & Investment Insights

  • In-depth market analysis & insights with access to The Smart Investor

Archives

  • Repository of articles and publications dating back to 1997

Ad-free Reading

  • Uninterrupted reading experience with no advertisements

Seamless Access Across All Devices

  • Access Business Standard across devices — mobile, tablet, or PC, via web or app

More From This Section

First Published: Jul 10 2013 | 9:45 AM IST

Next Story