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Sensex up 41 points on economic data, Asian cues

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Mumbai: The benchmark BSE Sensex today recovered about 41 points in early trade as investors widened their positions on encouraging infrastructure growth amid a mixed trend in Asian markets.

The 30-share barometer, which had shed 11.30 points on the first day of Samvat 2073 in special ‘Muhurat‘ session on Sunday, was trading higher by 41.11 points or 0.14% at 27,971.32, with the sectoral indices led by metal, auto and realty trading in the green, rising by up to 0.72.

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On similar lines, the NSE Nifty was quoting 27.70 points or 0.32% higher at 8,653.40.

Brokers said market sentiment revived after a government data showed that infrastructure sector recorded a growth rate of 5% in September, the highest in three months on account of the healthy performance by cement, steel and refinery products.

A mixed trend in other Asian markets amid data indicating Chinese manufacturing activity grew further in October also influenced sentiments here.

Hong Kong’s Hang Seng was up 1.31% Shanghai’s Composite index rose 0.17%, while Japan’s Nikkei shed 0.15% in their early trade.

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Meanwhile, the US Dow Jones Industrial Average ended 0.10% lower in Monday’s trade.

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