Sensex recoups 218 pts, Nifty reclaims 9,800 in early trade

The BSE benchmark Sensex rebounded

over 218 points and the NSE Nifty went past the 9,800-mark in

early trade today on fresh buying by investors amid a firming

trend in Asian markets.

The 30-share index was trading higher by 218.19 points,

or 0.70 per cent, to 31,477.04 with the sectoral indices led

by oil & gas, metal, IT, consumer durables, teck, PSU,

healthcare and auto leading the recovery.

The gauge had lost 536.61 points in the previous two

sessions.

The NSE Nifty was up 74.10 points, or 0.75 per cent, at

9,828.45 in early trade.

Brokers said emergence of buying coupled with a positive

trend in other regional markets following overnight gains in

the US influenced sentiments here.

Stocks of Infosys, country's second largest software

exporter, which had crashed over 15 per cent in the past two

sessions after Vishal Sikka's surprise resignation last Friday

as CEO, recovered by 1.05 per cent to trade at Rs 882.70.

Other big gainers were Lupin, Axis Bank, Wipro, Tata

Motors, Sun pharma, Hindustan Unilever, ONGC, Coal India,

Cipla, Dr Reddy's, Bharti Airtel and Reliance Industries,

rising by up to 1.62 per cent.

Among other Asian markets, Hong Kong's Hang Seng was up

1.06 per cent, while Shanghai Composite Index gained 0.15 per

cent in early trade today. Japan's Nikkei too rose 0.07 per

cent.

The US Dow Jones Industrial Average ended 0.13 per cent

higher in yesterday's trade.

(This article has not been edited by DNA's editorial team and is auto-generated from an agency feed.)