Sensex regains 25k mark, up 131 points in early trade

Sensex
Sensex

Mumbai: Market benchmark BSE Sensex on Monday reclaimed the 25,000-level by surging over 131 points in early trade, extending weekend’s gains on fresh foreign capital inflows amid a mixed trend at other Asian bourses.

The 30-share index rallied by 131.63 points, or 0.52%, to 25,002.32, with capital goods, healthcare, IT, consumer durables, realty and auto sector stocks leading the rise.

The gauge had gained 401.12 points in the previous session.

The broader NSE Nifty also moved up 28.80 points, or 0.38%, to 7,592.35.

Brokers said revival of buying by foreign investors and widening of positions by investors, mainly influenced the trading sentiment.

Besides, mixed third quarterly earnings and a mixed trend at other Asian bourses supported the rise in the domestic markets.

Bucking the trend, auto sector stocks such as Hero MotoCorp and Maruti Suzuki were trading in the negative zone ahead of the monthly sales data.

In the Asian region, Japan’s Nikkei moved up 1.80% while Hong Kong’s Hang Seng index slipped 0.61% in early trade on Monday.

Shanghai Composite index was down 1.71% after Chinese manufacturing activity fell to its lowest level in three years last month.

The US Dow Jones Industrial Average ended 2.47% lower in Friday’s trade.

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