Mumbai: The benchmark BSE Sensex rose over 107 points to 33,926.59 in early
session today as the March derivatives series kicked off on a strong
note amid positive Asian cues.
The 30-share Sensex, which had lost 25.36 points in the
previous session, was trading higher by 107.09 points, or 0.31
per cent, at 33,926.59.
All BSE sectoral indices were
in the green, led by healthcare, bank, metal and realty stocks, rising
by up to 1.33 per cent.
The NSE Nifty50 recovered 39.85 points, or 0.38 per cent, to 10,422.55.
Brokers said investors were creating fresh positions at the
start of March futures and options (F&O) series, that led to a
recovery in the market.
Major gainers include Sun Pharma,
Tata Steel, Bharti Airtel, Dr Reddy's, Yes Bank, Tata Motors, SBI, Wipro
and NTPC, rising up to 3.09 per cent.
Stocks of Punjab National Bank which had been under selling pressure since the massive fraud detection, however,
edged 1.05 per cent higher.
Shares of Gitanjali Gems slumped for yet another session and slumped nearly 5 per cent to Rs 24.80.
A firm trend in Asian markets on positive cues from Wall Street pushed buying activity in bourses here, they added.
Hong Kong's Hang Seng gained 0.67 per cent, while Japan's Nikkei
rose 0.36 per cent in early trade. China's Shanghai Composite Index too
edged higher by 0.14 per cent.
The Dow Jones
Industrial Average jumped 164.7 points, or 0.66 per cent, to close at
24,962.48 yesterday. The S&P500 gained 2.63 points, or 0.10 per
cent, to 2,703.96.
PTI
