Sensex regains 19,000 level, opens 151 points up
The 30-share barometer gained 151.39 points, or 0.80 per cent, to 19,029.35, for the first time since February 28. The index had lost 40.56 points in the previous session.
All sectoral indices, led by realty, FMCG and banking, were trading in the positive zone with gains up to 1.18 per cent.
Similarly, the wide-based National Stock Exchange index Nifty moved up by 32.15 points, or 0.56 per cent, to 5,730.65.
Brokers said a firming trend in the Asian region after US stocks rose to over five-year high in yesterday's trade, mainly buoyed the trading sentiments.
Meanwhile in the Asian region, Hong Kong's Hang Seng index rose by 0.30 per cent, while Japan's Nikkei up by 0.75 per cent in early trade.
The US Dow Jones Industrial Average ended 0.27 per cent higher to close over five-year high in yesterday's session.
Stocks to watch-March 5
(Reuters): Nifty futures on the Singapore Exchange rose 0.11 percent. The MSCI-Asia Pacific index, excluding Japan rose 0.96 percent.
Asian shares rebounded after a sharp sell-off triggered by slumping Chinese stocks the previous session, as a globally accommodative monetary stance helped eased concerns and revived risk appetite.
U.S. stocks closed higher on Monday as investors staged a late-day rebound, extending a recent trend of buying on dips and pushing major indexes near all-time highs despite concerns about
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