Sensex reverses early losses, up by 21 points | business | Hindustan Times
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Sensex reverses early losses, up by 21 points

business Updated: Aug 22, 2011 11:16 IST

Fresh buying in select counters, mainly realty, consumer durables, capital goods and power, helped the BSE benchmark Sensex recover from early losses to trade nearly 21 points higher vis-a-vis its previous close in early trade on Monday.

The 30-share Bombay Stock Exchange index resumed higher at 16,155.99 and hovered in a range between 16,237.41 and 16,057.53 before quoting at 16,162.57 at 1015 hours, translating into a net gain of 20.90 points, or 0.13%, vis-a-vis last weekend's close.

However, the NSE's 50-share Nifty was down by 17.45 points, or 0.36%, at 4,828.20 at 1015 hours.

The major gainers from the Sensex pack were Jaiprakash Associates (3.19%), Jindal Steel (2.05%), BHEL (1.70%), Bharti airtel (1.15%) and HDFC (0.85%).

Major Asian stock markets lost at least 1% last week as investors fretted about global growth prospects and awaited further developments in the euro-zone debt crisis.