Sensex gains 28 points in early trade

The BSE benchmark Sensex rose marginally by over 28 points in early trade today on emergence of buying by funds and retailers amid a mixed trend on Asian bourses.

The 30-share barometer, which had lost 67 points in the previous session, recovered by 28.30 points, or 0.16 per cent, to 17,811.51.

All sectoral indices were trading in the positive zone with gains of up to 0.90 per cent.

Similarly, the wide-based National Stock Exchange index Nifty inched up by 7.40 points, or 0.14 per cent, to 5,394.10.

Brokers said fresh buying by funds and retail investors amid a mixed trend in Asian bourses mainly influenced the trading sentiment.

In Asian region, Japan’s nikkei index was up by 0.34 per cent, while Hong Kong’s Hang Seng index traded marginally lower by 0.04 per cent in opening trade.

The US Dow Jones industrial average index ended 0.77 per cent higher in Friday’s trade.