Sensex climbs 74 points in early trade on positive Asian cues

Mumbai: Extending its climb for the fourth consecutive session, the benchmark Sensex advanced over 74 points in early trade today amid a firming trend at Asian bourses.

Reuters

Reuters

The 30-share barometer rose 74.32 points, or 0.31 per cent, to 23,783.47. The gauge had gained 517.18 points in the previous three sessions.

Hindustan Unilever, Bharti Airtel, Tata Motors, L&T, M&M, Lupin, RIL, SBI, ONGC, Dr Reddy's Lab, Sun Pharma, ICICI Bank, Cipla, Asian Paints, Axis Bank, Adani Ports, and TCS were the major gainers that rallied the index.

Also, the NSE Nifty was trading higher by 16.05 points, or 0.22 per cent, at 7,226.80.

Brokers said retail investors lapping up shares, taking positive cues from other Asian bourses and cheered by rising oil prices, influenced sentiment here.

In rest of Asia, Hong Kong's Hang Seng rose 0.99 per cent while Japan's Nikkei edged up 0.58 per cent in early trade today. Shanghai Composite gained 2.23 per cent on reports that the head of the securities regulator has been asked to go following China's market woes.

The US Dow Jones Industrial Average, however, ended 0.13 per cent lower in Friday's trade.
PTI


Updated Date: Feb 22, 2016 11:41 AM

Also Watch

IPL 2018: Royal Challengers Bangalore eye revival against Chennai Super Kings as 'Cauvery Derby' comes back to life
  • Thursday, April 26, 2018 In the Kanjarbhat community, a campaign against 'virginity tests' is slowly gaining ground
  • Tuesday, April 24, 2018 It's A Wrap: Beyond the Clouds stars Ishaan Khatter, Malavika Mohanan in conversation with Parul Sharma
  • Monday, April 9, 2018 48 hours with Huawei P20 Pro: Triple camera offering is set to redefine smartphone imaging
  • Monday, April 16, 2018 Rajyavardhan Singh Rathore interview: Sports can't be anyone's fiefdom, we need an ecosystem to nurture raw talent

Also See