Mumbai, Dec 7 (PTI) The benchmark Sensex staged a strong

comeback in early trade today gaining over 149 points on

widespread buying by participants amid positive Asian cues.

The 30-share index was trading higher by 149.05 points,

or 0.46 per cent at 32,746.23. All the sectoral indices led by

capital goods, power, oil & gas and PSU were trading in the

green with gains of up to 1.20 per cent.

The gauge had lost 205 points yesterday following the

Reserve Bank’s decision to leave interest rates unchanged and

raised the inflation forecast for the remainder of the current

fiscal to 4.3-4.7 per cent.

Also, the NSE Nifty recovered by 49.25 points or 0.49 per

cent to 10,093.35.

Major gainers were Tata Steel, L&T, Hero MotoCorp, Adani

Ports, Bajaj Auto, Maruti Suzuki, Hindustan Unilever, Bharti

Airtel, NTPC, Power Grid, Axis Bank, SBI and ICICI Bank,

rising up to 1.32 per cent

Brokers said buying by domestic institutional investors

(DIIs) and a firm trend at other Asian bourses improved the

market sentiment.

DIIs had bought shares worth Rs 995.11 crore, while

foreign funds sold shares to the tune of Rs 1,217.92 crore

yesterday, the provisional exchange data showed.

In the Asian region, Hong Kong’s Hang Seng was up 0.10

per cent while Japan’s Nikkei gained 1.27 per cent in early

trade today. Shanghai Composite Index, however, shed 0.52 per


The US Dow Jones Industrial Average ended 0.16 per cent

down yesterday.

This is published unedited from the PTI feed.