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Sensex gets off to a positive start, recovers 53 points

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After a four-day fall, the benchmark Sensex recovered over 53 points on fresh buying by investors in blue-chip stocks despite a weak trend in Asia.

The 30-share index, which had lost 323.12 points in the previous four sessions, recovered 53.28 points, or 0.20 percent, at 26,427.98.

All the sectoral indices, led by realty, IT and consumer durables, were trading positive, giving the sentiment a lift. The NSE index Nifty was also trading higher 16.30 points, or 0.20 percent, at 8,120.65.

Brokers said mood turned buoyant, bolstered by a flurry of buying.

They said, however, a weak trend in Asian shares ahead of Bank of Japan’s last policy meeting for this year restricted the rise.

Hong Kong’s Hang Seng was down 0.18 percent and Japan’s Nikkei fell 0.03 percent while Shanghai Composite shed 0.69 per cent in early trade today.

Also Read: One of the scariest World Festival: Dead are given makeovers

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