Sensex gains 42 points in opening trade
The BSE benchmark Sensex gained over 42 points in early trade today on buying in stocks of consumer durables, oil and gas and capital goods amid a firming Asian trend.
The 30-share barometer rose by 42.04 points, or 0.21 per cent to 19,937.02. The index had lost 110.02 points in the previous session.
Similarly, the wide-based National Stock Exchange index Nifty moved up by 11.35 points, or 0.19 per cent, to 6,046.10.
Brokers said fresh buying by funds in select stocks, having strong fundamentals and a firming trend in Asian region mainly influenced the sentiment.
Among Asian markets, Hong Kong's Hang Seng up 0.14 per cent, while Japan's Nikkei gained 0.63 per cent in opening trade today. However, the US Dow Jones Industrial Average ended 0.36 per cent lower in yesterday's trade.
Stocks to watch-Feb 1
GLOBAL MARKETS ROUND UP
Nifty futures on the Singapore Exchange was down 0.1 percent. The MSCI-Asia Pacific index, excluding Japan fell 0.07 percent.
Asian shares wiped earlier gains on Friday as a tepid Chinese manufacturing report dented sentiment, leaving investors on tenterhooks ahead of U.S. nonfarm payroll data due later in the day.
U.S. stocks edged lower on Thursday on caution ahead of Friday's all-important jobs report, but the S&P 500 still posted its best monthly gain since October 2011. FACTORS TO WATCH
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