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Sensex recovers 77 points, Nifty inches closer to 11,400 on positive Asian cues

Sensex recovers 77 points, Nifty inches closer to 11,400 on positive Asian cues

TIL Desk/Business/Mumbai/ Domestic equities staged a comeback Tuesday with the BSE Sensex recovering over 77 points, while the NSE Nifty inched closer to 11,400 points driven by smart gains in oil & gas, banking and metal stocks amid positive Asian cues.

The 30-share Sensex was trading higher by 77.38 points, or 0.20 per cent, at 37,886.29 in early trade. The gauge had lost 575 points in the previous two sessions. Sectoral indices, led by realty, oil & gas, metal, PSU and power, were trading in the green with gains of up to 1.39 per cent. The broad-based NSE Nifty went up by 35.50 points, or 0.31 per cent, to 11,389.75.

Major gainers that supported the recovery were ONGC, Coal India, Reliance Industries, IndusInd Bank, Tata Steel, Vedanta Ltd, Yes Bank, Tata Motors, ICICI Bank, SBI, Kotak Bank, Sun Pharma, Bajaj Finance, Axis Bank, L&T and Maruti Suzuki, gaining up to 1.99 per cent.

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