The Sensex gained nearly 163 points in early trade on Tuesday, snapping its six-session losing streak, driven by a value buying in bluechip stocks coupled with positive core sectors output data.The Nifty reclaimed the 8,100-level. The mood also brightened on firming trend at other Asian markets, tracking overnight gains at the U.S. markets.

The 30-share index, which had lost 911.66 points in the previous six straight sessions due to muted Q2 earnings by some bluechip companies and a weak trend overseas, recouped 162.70 points, or 0.61 per cent, at 26,721.85 with all the sectoral indices rising up to 1.36 per cent following across-the-board buying.Also, the NSE Nifty reclaimed the crucial 8,100-mark by recovering 49.55 points, or 0.61 per cent, at 8,100.35.Among other Asian markets, Hong Kong’s Hang Seng was up by 1.41 per cent while Shanghai Composite index rose 0.02 per in early trade.

Source : http://www.thehindu.com/business/markets/sensex-up-163-points-nifty-reclaims-8100level/article7836913.ece

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