Sensex up over 46 points in early trade
Snapping a three-day losing streak, the BSE benchmark Sensex today recovered by over 46 points in early trade on emergence of buying by funds amid a mixed trend in other Asian bourses.
The 30-share index, which had lost nearly 321 points in the previous three sessions, recovered by 46.29 points, or 0.24 per cent, to 19,408.84 points, with stocks of realty,
banking and IT sectors leading the recovery.
The wide-based Nifty of the National Stock Exchange moved up by 11.55 points, or 0.20 per cent, to 5,862.75.
Brokers said emergence of buying by funds as well as retail investors at prevailing levels amid a mixed trend on other Asian bourses after US markets closed at new high yesterday, mainly buoyed the trading sentiment here.
They said, however, wholesale price-based inflation data for February, to be released later today, would be crucial ahead of RBI's policy review next week.
In other Asian markets, Japan's Nikkei index rose by 0.76 per cent, while Hong Kong's Hang Seng shed 0.32 per cent in early trade today.
The US Dow Jones Industrial Average ended 0.04 per cent higher yesterday.
Stocks to watch-March 14
Nifty futures on the Singapore Exchange is flat, while the MSCI-Asia Pacific index, excluding Japan, fell 0.59 percent.
Asian shares fell on Thursday with regional factors outweighing positive sentiment from another record Wall Street close.
U.S. stocks edged up on Wednesday, with the Dow rising for the ninth straight session to another record, buoyed by surprisingly strong retail sales that suggested the
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