Oil and gas, IT, metal, PSU, healthcare, power, consumer durables and realty stocks were major gainers.
Market benchmark Sensex went up by about 39 points in early trade on Thursday on selective buying amid expiry of December futures and options (F&O) contracts even as Asian cues remained mixed.
Covering-up of pending short positions with Thursday being this year’s last session of the expiry in the derivatives segment supported the upside, traders said.
The 30-share index, which had shed 2.76 points in the previous session, recovered by 38.76 points, or 0.15%, at 26,249.44.Oil and gas, IT, metal, PSU, healthcare, power, consumer durables and realty stocks were bright spots, giving sentiment a lift.
The NSE index Nifty was also trading higher by 13.85 points, or 0.17%, at 8,048.70. Globally, Hong Kong’s Hang Seng was up 0.05% and Shanghai Composite edged higher 0.22% in early trade on Thursday while Japan’s Nikkei shed 0.98%. The US Dow Jones Industrial Average ended 0.56% lower on Wednesday.