Millennium Post

BSE Sensex up over 71 points in early session

Besides, domestic sentiment was affected by the discouraging macro-economic data as wholesale inflation soared to a 23-month high of 3.55 per cent in July, making investors trim their positions.

A mixed trend was seen on other Asian bourses, tracking overnight losses in the US market, after a Federal Reserve official said that interest rates could be raised as soon as September.

The 30-share barometer, which had lost 87.79 points in the previous session, was trading higher by 71.49 points, or 0.25 per cent, to 28,136.10 with auto, banking and Healthcare sector stocks leading the charge.

Similarly, the broader NSE Nifty rose 15.05 points, or 0.17 per cent, to 8,657.60.

Among other Asian markets, Hong Kong's Hang Seng was up 0.21 per cent while Shanghai Composite Index, shed 0.43 per cent in early trade. Japan's Nikkei rose 0.50 per cent.

The US Dow Jones Industrial Average ended 0.45 per cent lower in yesterday's trade. 
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