Sensex opens in green as blue-chips climb in cautious trade
The 30-share index was trading higher by 43.10 points, or 0.15 per cent, at 27,209.97.
Mumbai: The benchmark Sensex recovered over 43 points on July 7, helped by buying in select blue-chip stocks amid mixed global cues. Still, investors treaded cautiously as they try to assess the long-term fallout of Britain's vote to leave the European Union.
The 30-share index was trading higher by 43.10 points, or 0.15 per cent, at 27,209.97. Metal, realty, consumer durables, PSU, capital goods, healthcare, FMCG and banking stocks showed up in the green, with gains up to 0.76 per cent.
The gauge had lost 111.89 points in the previous session on Tuesday. The stock exchange was shut yesterday on account of Eid-Ul-Fitr. Also, the NSE Nifty rose 7.80 points, or 0.09 per cent, to 8,343.75.
Brokers said fresh buying in select blue-chips and a mixed trend in Asia because of fears of instability in the European Union had their bearing on the mood here.
Hong Kong's Hang Seng was up 0.74 per cent while Japan's Nikkei shed 0.23 per cent in early trade today. Shanghai Composite was down 0.14 per cent. The US Dow Jones Industrial Average ended 0.44 per cent higher on July 6.