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Sensex, Nifty choppy; NBFCs surge

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Mumbai:

The BSE benchmark Sensex gained over 65 points in early trade on Monday on buying by funds and retailers amid a firm Asian trend.

The 30-share barometer rose by 65.88 points, or 0.34 per cent, to 19,382.89. The index had lost 325.74 points in the previous two sessions.

Similarly, the wide-based National Stock Exchange index Nifty edged up by 7 points, or 0.12 per cent, to 5,850.30.

Brokers said selective buying by funds and retailers at lover levels in IT, power, teck, realty, consumer durable and metal sectors mainly led the market in a better form.

They said a firming trend in Asian region further influenced the sentiment.

Among Asian markets, Hong Kong's Hang Seng rose by 0.14 per cent, while Japan's Nikkei higher by 1.75 per cent in early trade on Monday.

Story first published on: February 25, 2013 10:02 (IST)

Tags: BSE Sensex, Bombay Stock Exchange, BSE, National Stock Exchange, Nifty

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