Fwd: SENSEX SURGES 222 PTS IN EARLY TRADE ON BARGAIN BUYING

Dalal Street: The BSE Sensex rose sharply by over 222 points in early trade on Monday on bargain buying in stocks by funds and retail investors amid positive cues from other Asian markets.

The 30-share index, which had gained 1.06 per cent in highly volatile trade on Friday, spurted by 222.34 points, or 0.81 per cent, to 27,680.98, with FMCG, infrastructure, consumer durables, capital goods and banking sector stocks leading the recovery. Also, the National Stock Exchange index Nifty reclaimed the crucial 8,400-mark by surging 63.65 points, or 0.76 per cent, to 8,405.05. 
Among other Asian markets, Hong Kong's Hang Seng was up by 0.99 per cent while Japan's Nikkei gained 0.53 per cent in early trade today. The US Dow Jones Industrial Average ended 0.19 per cent higher in the previous session on Friday

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