Sensex rebounds by 114 points in opening trade | business | Hindustan Times
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Sensex rebounds by 114 points in opening trade

business Updated: Oct 28, 2010 10:23 IST
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Erasing the two-day losses, the Bombay Stock Exchange benchmark Sensex on Thursday recovered by over 114 points in the opening trade on emergence of buying at lower levels amid mixed trend in Asian regions.

The 30-share index which had lost nearly 298 points in the previous two trading sessions, saw a recovery of 114.40 points, or 0.57 per cent at 20,119.77 points in first five minutes of trading.

The wide-based National Stock Exchange index also edged higher by 33.50 points, or 0.33 per cent to 6046.15 points driven by the strength in Tech, Auto, IT and Oil and Gas sectors.

The Sensex heavy weights Reliance industries and Infosys Technologies also helped in the rise of the broader gauge.

Besides, Asian markets were trading mixed with the Hong Kong's Hang Seng Index up by 0.11 per cent, and the Japanese Nikkei down by 0.25 per cent in the morning trade on Thursday.