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Sensex soars over 600 points, Nifty jumps over 160 points in early trade amid positive global cues

The 30-share BSE Sensex gained 604.07 points or 0.84 per cent at 72,513.77 in the initial trade. The 50-share NSE Nifty was advanced 162.60 points or 0.73 per cent at 22,582.25 in the early deals

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Representational Image. File pic.

Representational Image. File pic.

The domestic equity benchmark indices rebounded in the early trade on Monday amid an easing in in rude oil prices and a softer US jobs data that reduced expectations of an immediate US Federal Reserve rate hike. Value buying in stocks also boosted the indices according to analysts.

Market movement

The 30-share BSE Sensex gained 604.07 points or 0.84 per cent at 72,513.77 in the initial trade. The 50-share NSE Nifty was advanced 162.60 points or 0.73 per cent at 22,582.25 in the early deals.

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