Sensex up 89 points on global cues

The benchmark BSE Sensex recovered nearly 89 points in early trade today on emergence of buying by funds and retail investors amidst a firming trend in global markets after Federal Reserve Chief Janet Yellen's upbeat outlook on the US economy.

The 30-share index rose by 88.71 points, or 0.40 per cent, to 22,412.61 points with metal, healthcare, realty and power sector stocks leading the recovery. The index had lost 184.52 points in yesterday's trade.

The National Stock Exchange index Nifty moved up by 25.10 points, or 0.38 per cent, to 6,677.65.

Brokers said fresh buying by funds and retail investors, triggered by a better trend at other Asian bourses following overnight gains in the US markets on upbeat comments from Fed chief on the economy, influenced the trading sentiment here.

US Fed Chief told Congress that the economic outlook was positive and that the stimulus taper would continue steadily.

Among other Asian markets, Hong Kong's Hang Seng rose by 0.36 per cent, while Japan's Nikkei was up by 1.09 per cent in early trade today.

The US Dow Jones Industrial Average gained 0.72 per cent in the previous session.


  • Monetary policy review needs to look beyond key policy rate

    After changes in the interest rate cycle direction, expectation of some action on rates is high before every monetary policy review of the Reserve Ban


Stay informed on our latest news!


Sarthak Raychaudhuri

vice-president, HR, Asia South Whirlpool of India

GV Nageswara Rao

MD & CEO, IDBI Federal Life

Timothy Moe

Goldman Sachs


Arun Kumar Jain

India in a new age work order

There are three broad categories of people in the world ...

Rajgopal Nidamboor

The balancing act of nature

It’s a fact of modern life that you and I ...

Dharmendra Khandal

For a lark, let's do something serious finally

It’s a sight to behold. As you drive through a ...


William D. Green

Chairman & CEO, Accenture