Sensex regains 51 points in early trade ahead of earnings

The benchmark Sensex rebounded by 51 points in opening trade on Thursday after IT, realty and teck stocks rose on optimistic buying by investors ahead of announcement of quarterly results.

 

The 30-share index rose by 51.78 points, or 0.15%, at 34,484.85, in opening trade with IT, realty, teck, power and auto leading the recovery by rising up to 0.80%. The gauge had shed 10.12 points in the previous session following profit-booking at record levels.

Also, the NSE Nifty traded higher by 9.05 points, or 0.08%, at 10,641.25 in the opening trade.

Traders said widening of bets by investors ahead of Q3 numbers from IndusInd Bank and TCS, to be released later in the day amid buying by domestic institutional investors (DIIs) influenced sentiment.

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