Business

Sensex awakes 72 points in early trade today

Mumbai, Jun 24: The benchmark BSE Sensex today has gained over 72 points on early trade and the NSE Nifty inched towards regaining 8,400-mark as investors indulged in enlarging positions driven by positive domestic as well global cues.

The 30-share index was trading higher by 72.48 points or 0.26 per cent at 27,876.85 with metal, healthcare, PSU and power sector stocks leading the rise.

The barometer had rallied 1,433.39 points or 5.4 per cent in the previous eight sessions.

Also, the National Stock Exchange index Nifty inched towards the crucial 8,400-mark by rising 18.30 points or 0.21 per cent at 8,399.85.

Brokers said sustained buying by participants as above-normal monsoon reignited rate cut hopes and a firming trend at other Asian markets with Japan's Nikkei trading at around 18-year highs on confidence Greece will reach a last-minute debt reform deal with its creditors this week.

Among other Asian markets, Hong Kong's Hang Seng was up by 0.15 per cent in early trade today.

The US Dow Jones Industrial Average ended 0.13 per cent higher in yesterday's trade.

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