Sensex gains 43 points in early trade

Sep 13, 2012 |

mumbai

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The BSE benchmark Sensex rose for the seventh day in a row by adding nearly 43 points in early trade on Thursday on sustained buying by funds and retailers amid a firm trend in Asian markets.

The 30-share barometer, which has gained over 688 points in the past six sessions, added 42.56 points, or 0.24 per cent, to 18,024.86 with PSU, capital goods and auto sectors leading the gains.

The wide-based National Stock Exchange index Nifty traded marginally up by 1.65 points, or 0.03 per cent, to 5,432.65.

Brokers said sustained buying by funds amid a firming trend in Asian markets mainly influenced the trading sentiment.

In Asia, Tokyo Exchange led the gain as investors awaited the outcome of a US central bank policy meeting widely expected to see the announcement of further easing measures, they said.

Meanwhile, Japan's Nikkei was up by 0.46 per cent and Hong Kong's Hang Seng index by 0.10 per cent.

The US Dow Jones Industrial Average ended 0.07 per cent higher in Wednesday's trade.

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