Sensex up by 134 points

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Mumbai: The BSE benchmark Sensex snapped a three-session losing streak by recovering 134 points in early trade today on renewed buying, mainly in the realty, consumer durable and healthcare sectors, on the back of higher Asian cues.

Among the 30-member Sensex pack, 28 stocks gained, while only two of them declined.

The major gainers from the Sensex pack were DLF (up 2.06 per cent), TCS (1.57 per cent), Jaiprakash Associates (1.45 per cent), ONGC (1.31 per cent), M&M (1.27 per cent), SBI (1.15 per cent), ITC (1.02 per cent) and Reliance Communications (0.98 per cent).

The BSE benchmark Sensex resumed higher at 18,468.82 and moved up further to 18,577.67 before quoting at 18,545.89 at 1015 hours, showing a net rise of 134.27 points, or 0.73 per cent, from its last close.

The NSE`s 50-share Nifty index also moved up by 40.50 points, or 0.73 per cent, to 5,566.65 at 1015 hours.

Asian stocks rose in early trade after the latest data showed a modest slowdown in Chinese economic growth, delivering a boost to local markets and those of key trading partners. The key benchmark indices in Hong Kong, Japan, China, Singapore, South Korea and Taiwan were up by about 0.44 per cent to 1.2 per cent.

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