BSE Sensex gains 169 points, NSE Nifty above 6100

Nov 28 2013, 13:20 IST
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BSE Sensex had lost 184.82 points in the previous two sessions. (Ap) BSE Sensex had lost 184.82 points in the previous two sessions. (Ap)
SummaryBSE Sensex had lost 184.82 points in the previous two sessions.

The BSE Sensex today recovered by 155.35 points in early trade largely on the back of covering-up of pending short positions in view of monthly expiry in the derivatives segment amid a firming trend in the Asian region.

The 30-share index rose by 155.35 points, or 0.76 per cent, to trade at 20,575.61. The BSE Sensex had lost 184.82 points in the previous two sessions.

All sectoral indices were trading in the positive zone with gains up to 1.24 per cent.

The wide-based NSE Nifty recovered by 44.60 points, or 0.74 per cent, to 6,101.70.

Brokers said covering-up of short positions by participants as today being the last session of current month expiry in the derivatives segment and a firming trend in the Asian region, in line with overnight gains on the US markets fuelled by upbeat jobs figures, mainly influenced the trading sentiment.

In the Asian region, Japan's Nikkei Index was up 1.18 per cent, while Hong Kong's Hang Seng index gained 0.68 per cent in early trade.

The US Dow Jones Industrial Average ended 0.15 per cent higher in yesterday's trade.

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