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Sensex recovers 136.78 pts
Economy

Sensex recovers 136.78 pts

Agency News

Mumbai, Feb 3 : The BSE Sensex on Monday registered a smart gain of 136.78 points to 39,872.31 on fresh buying in auto, realty, power, metal and materials amid weak global cues. The National Stock Exchange (NSE) too rose by 62.20 points to 11,724.05. The Nifty registered days high and low at 11,749.85 and 11,614.50 points respectively.

Slumping over 900 points on Saturday, the day opened on a weak note at 39,701.02, fell by 34 points in opening session. It lost by 172 points to 39,563.07 day low. Later, it jumped nearly 279 points to 40,014.90 day high before closing at 39,872.31, advancing by 136.78 points from its last close.

The sectoral indices like materials, auto, metal, realty, power and oil and gas stocks pushed the market up. In scrips, Asian Paints, Nestle India, Hind Unilever, Bajaj Auto and IndusInd Bank gave support the equity market to rise, the broker informed. On the BSE, 940 shares rose and 1467 shares fell. A total of 173 shares were unchanged.

In Nifty 50 index, 28 stocks advanced while 21 stocks declined. One stock remained unchanged. European markets traded higher while Asian stocks ended lower on Monday. This followed the sell-off on Wall Street on Friday amid concerns about the rapid spread of the coronavirus outbreak and its impact on the global economy. (UNI)