Sensex bounces 107 pts on exports growth, Nifty above 9,600

TIL Desk/Business/Mumbai/ The BSE Sensex rebounded 107 points and the NSE Nifty reclaimed the 9,600-mark on Friday, propelled by the exports growth in May amid mixed Asian cues.

The 30-share index recovered sharply by 107 points, or 0.34 per cent, to 31,182.73, with all sectoral indices led by auto, consumer durables, realty and oil and gas trading in the positive zone.

The gauge had lost 80.18 points in the previous session. The NSE Nifty moved up by 30.10 points, or 0.31 per cent, to 9.608.15.

Risk appetite got a push after India’s exports grew 8.32 per cent to USD 24.01 billion in May, mainly on account of robust performance by sectors like petroleum, chemicals, engineering goods as well as gems and jewellery. Global crude falling to a 7-month low supported the positive mood.