Nifty regains 7,800-mark as Sensex climbs 326 pts
Nifty regains 7,800-mark as Sensex climbs 326 pts
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Market standard BSE Sensex earned about 326 points and the broader NSE Nifty affected the 7,800-mark in early trade on Monday on the back of purchasing by foreign funds and retail investors during mixed Asian markets.

The 30-share barometer rose by 325.91 points, or 1.29 % , to 25,554.41. The gauge had lost 33.71 points in the previous session.

All the sectorial indices led by banking, FMCG, power, metal and auto were trading in the positive zone, rising by up to 1.67 %.

The Nifty recovered the vital 7,800-mark by proceeding 95.75 points, or 1.24 %, to 7,829.20.

Brokers said, “ fresh buying by participants amid a mixed trend at other Asian bourses, tracking Friday's rally on the US markets as a soft jobs report gave investors hope the Federal Reserve would keep any future interest rate hike small and slow, mainly influenced sentiment.”

Prominent gainers were NTPC, HDFC Ltd, HDFC Bank, Asian Paints, M&M, Adani Ports, ICICI Bank, Hero MotoCorp, ONGC, Bharti Airtel, L&T and Bajaj Auto.

Surrounded by Asian markets, Japan's Nikkei was up 0.54 %  while Hong Kong's Hang Seng increased 0.31 %  in early trade on Monday Shanghai Composite Index, meanwhile, sank 1.87 % on another weak Chinese trade report.

The US Dow Jones Industrial Average ended 0.45 % higher in Friday's trade.

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