Business

Sensex Heals; Picks Up 240 Pts To Touch 24K-Mark

Mumbai: Jan 22; Market benchmark BSE Sensex recaptured the 24,000-mark by adding over 240 points in early trade today, tracking gains at other Asian markets.

Moreover, recovery in the rupee and value-buying in recently battered bluechip stocks influenced sentiments.

The rupee firmed up by 24 paise to trade at 67.78 against the dollar in early trade at the forex market.

The broader NSE Nifty too reclaimed the 7,300-mark.

The 30-share index surged by 240.48 points or 1 per cent to 24,202.69 points.

Yesterday, the Sensex closed at 23,962.21. This was the first below-24,000 closing since May 15, 2014.

Among other Asian markets, Japan's Nikkei was up 3.59 per cent in early trade today amid speculation that Japan's central bank is considering taking fresh measures to counter the impact of falling oil prices.

Hong Kong's Hang Seng was also up by 1.69 per cent but Shanghai Composite index shed 0.28 per cent.

The US Dow Jones Industrial Average ended 0.74 per cent higher in yesterday's trade.

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