Sensex zooms 147 pts in early trade on corporate earnings

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Mumbai: The Sensex recovered by 147 points in early trade on Monday on sustained buying by foreign funds and retail investors after Reliance Industries reported better-than-expected earnings and exports rose 1.27 per cent in June. Moreover, good progress in monsoon and mixed Asian markets influenced trading sentiments here.

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Image courtesy: business-bd.com

The 30-share index, which had lost 105.61 points in the previous session, rebounded 146.93 points or 0.52 per cent to 27,983.43 with auto, capital goods, banking, power, realty, oil&gas and metal, trading in positive zone, rising up to 0.89 per cent.

Similarly, the broader NSE Nifty was quoting 38.90 points or 0.45 per cent higher at 8,580.30.

(Sourced from agencies, Feature image courtesy:newsbharti.com)

 

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