PTI: Sensex back in positive zone, up 207 points at midsession
Reversing an early weak trend, the Bombay Stock Exchange benchmark Sensex shot up by over 201 points at midsession trading today on emergence of buying by foreign funds, driven by firm opening of European markets.
The 30-share barometer, which dipped to 9,162.66 points in early trade, shot up by 201.51 points, or nearly 2.2 per cent higher at 9,530.43 points at 1430 hrs after stocks led by the banking, metals and oil and gas sectors staged a strong comeback.
The broader 50-share Nifty of the National Stock Exchange also rose by 63.05 points, or 2.20 per cent at 2,920.30 at 1445 hrs.
Brokers said trading sentiment on the domestic bourses turned better after European markets opened higher with FTSE index rising over 2.48 per cent in opening trade.
Among Asian bourses Japan's Nikkei reversed an early weak trend to quote 0.09 per cent higher in pre-close trade. Hong Kong's Hang Seng index ended nearly one per cent higher.