Sensex recovers 58 points in early trade

Mumbai: The benchmark Sensex recovered over 58 points in early trade today on mild buying by participants in oil & gas, realty and PSU sectors after the RBI maintained status quo in its monetary policy review yesterday.

The 30-share index was trading higher by 58.12 points or 0.20 per cent at 28,143.28 with oil & gas, realty, PSU, metal, infrastructure and capital goods stocks trading in the green, with gains up to 0.43 per cent.

The gauge had lost 97.41 points in the previous session yesterday on profit-booking by investors. Also, the NSE Nifty rose 11.85 points or 0.13 per cent to 8,690.10.

Brokers said fresh buying in select blue-chips and sustained foreign fund inflows amid a mixed trend at other Asian bourses mainly influenced trading sentiments.

In the Asian region, Hong Kong’s Hang Seng was up 0.38 per cent while Japan’s Nikkei shed 0.29 per cent in early trade today.

Shanghai Composite Index was up 0.06 per cent. The US Dow Jones Industrial Average ended marginally higher by 0.02 per cent yesterday.