Sensex recovers 139.68 points in early trade

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Mumbai, Jun 24: Sensex on Tuesday, June 24 pulled back from negative to open positive at 14,313.33 points and climbed at a high at 14,432.90, gaining 139.68 points from its previous close of 14,293.32 on fresh buying in the opening trade. After opening in green, the benchmark index of Bombay Stock Exchange once dipped into red at a low of 14,281.88 but soon rebounced into positive zone.

Overall, the session seemed to be choppy on mixed global trends, brokers said. The broader-based S &P CNX Nifty of National Stock Exchange was up 37.20 points at 4,303.60. The market breadth was positive on BSE with 923 shares advancing as compared to 629 that declined and 44 remained unchanged. Pharma major Ranbaxy Laboratories gained 2.60 per cent to Rs 526.80 on 2.29 lakh shares. It was the top gainer from Sensex pack. Reliance Industries (RIL) climbed 1.82 per cent to Rs 2,059 on 1.43 lakh shares. As per recent reports, RIL plans to open its first North American plant in North Carolina by investing USD 215 million.

State Bank of India was up by 1.73 per cent to Rs 2,428.05, ICICI Bank up 1.55 per cent to Rs 732.50 and HDFC Bank was slightly up at Rs 1,099.05 in the opening trade.

However, Maruti Suzuki India lost 1.75 per cent to Rs 676.25 on 18,118 shares. Grasim declined 1.19 per cent to Rs 2,122, Hindustan Unilever was down 0.68 per cent to Rs 225 and HDFC declined 0.76 per cent to Rs 2,200.

UNI

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