Snapping its three-session losing streak, the BSE benchmark Sensex rose by 196 points to trade above the 19,000 level in early trade today.The 30-share barometer rose by 196 points to 19,023 with stocks of realty, consumer durables, metal, capital goods, banking and sectors leading recovery. Buying by funds and retailers, after Finance Minister P Chidambaram announced that more economic reforms are on the anvil and a firming trend in the Asian region influenced the trading sentiment.Similarly, the wide-based National Stock Exchange index, Nifty moved up by 58 points to 5,757.In Asia, Japan's Nikkei was up by 2.59 per cent,while Hong Kong's Hang Seng gained 0.99 per cent in early trade.The US Dow Jones Industrial Average ended 1.21 per cent higher yesterday.
News On AIR | June 14, 2013 10:48 AM
Sensex snaps losing streak; up 196 points in early trade