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Sensex advances 72 points on positive Asian cues

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The BSE Sensex climbed over 72 points to trade at 25,922.47 in the opening trade on Thursday, with sustained buying by participants and funds leading to across-the-board gains coupled with positive Asian cues.

Rising for the second day, the 30-share index advanced by 72.17 points, or 0.27 per cent, to trade at 25,922.47 as all sectoral indices — led by metal, oil & gas and realty — were trading in the positive zone with gains up to 1.15 per cent.

The gauge had gained 259.65 points in the previous session.

On similar lines, the NSE Nifty was trading higher by 22.80 points, or 0.28 per cent, to 7,888.75.

Brokers said a firming trend in other Asian markets following a strong overnight gains in US markets buoyed the trading sentiment here.

The market will remain closed tomorrow on account of Christmas.

Among other Asian markets, Hong Kong’s Hang Seng moved up 0.48 per cent while Japan’s Nikkei gained 0.26 per cent in early trade on Thursday.

The US Dow Jones Industrial Average ended 1.06 per cent higher in Wednesday’s trade.

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