Sensex regains 27K-mark; Nifty over 8,100-level in early trade
Mumbai: Snapping their five-day losing trend, Sensex soared over 395 points to regain the 27,000-mark and NSE Nifty reclaimed the 8,100-level in early trade today, following rebound in bluechips, boosted by a global markets rally after the US Fed kept its monetary policy unchanged.
The 30-share index rebounded by 395.67 points, or 1.48 per cent, to trade above the 27,000-mark at 27,105.80. The gauge has lost 1,120.97 points in the previous five sessions.
All sectoral indices, led by consumer durables, banking, power, capital goods, realty and metal, gained up to 3.03 per cent.
On similar lines, the National Stock Exchange index Nifty reclaimed the 8,100-mark by surging 121.70 points, or 1.51 per cent, to 8,151.50.
Brokers said revival of buying by funds and retail investors, triggered by a rebound in global markets after the US Federal Reserve made no changes to its monetary policy, boosted sentiments and helped key indices to regain their crucial levels.
Among other Asian markets, Hong Kong’s Hang Seng rose by 1.06 per cent, while Japan’s Nikkei was up by 2.55 per cent in early trade today.
The US Dow Jones Industrial Average gained 1.69 per cent in yesterday’s trade.