Sensex recovers 168 points in early trade

Sensex recovered about 168 points in early trade today on buying in realty, IT, capital goods and banking stocks after the RBI maintained status quo in its monetary policy review yesterday.

The 30-share index rose by 167.73 points, or 0.49 per cent, to 34,250.44 opening trade. With gains upto 1.86 percent, sectorl indices are in green led by IT, healthcare and banking.
In the previous seven sessions the gauge had lost 2,200.54 points, therefore a rise was expected by many.

Infosys, HDFC LTD, Axis Bank, Maruti Suzuki, Yes Bank, Dr Reddy’s, SBI, Hero Motocorp and M&M, gained up to 2.08 per cent.

In the Asian region, Hong Kong’s Hang Seng was up 0.48 per cent while Japan’s Nikkei higher 0.26 per cent in early trade today. Shanghai Composite Index, however, shed 0.81 per cent.