Sensex recovers by 81 pts in opening trade | business | Hindustan Times
Today in New Delhi, India
Jan 20, 2017-Friday
-°C
New Delhi
  • Humidity
    -
  • Wind
    -

Sensex recovers by 81 pts in opening trade

business Updated: Oct 15, 2010 10:38 IST
PTI
Highlight Story

Cutting Thursday's losses, the BSE benchmark Sensex opened 81 points higher in the morning trade on Friday, on fresh buying by funds and retail investors after IT bellwether Infosys Technologies reported 13.15 per cent growth in its consolidated net profit for the second quarter.

The 30-share index rose by 80.81 points or 0.39 per cent to 20,578.45 points on the back of recovery in IT, metal and hi-tech sector stocks. Sensex had lost 190.24 points in the previous session on emergence of profit-booking.

The wide-based National Stock Exchange index Nifty regained 6,200 points level when it jumped 23.25 points or 0.30 per cent higher at 6,200.60 points.

Analysts said that the trading sentiment turned better after Infosys Technologies reported a 13.15 per cent growth in its consolidated net profit at Rs 1,737 crore for the second quarter ended September 30, 2010.

Share price of Infosys Technologies rose by nearly 1.8 per cent to Rs 3,249 in the opening trade.

Meanwhile, in other markets in Asia, the Hong Kong's Hang Seng Index was marginally down by 0.69 per cent, while Japanese Nikkei shed 0.42 per cent in the morning trade on Friday

In the US, the Dow Jones Industrial Index on Wednesday finished by 0.01 percent lower than the previous day close.

<