Mumbai: The BSE benchmark Sensex gained nearly 90 points in early trade on Tuesday on sustained buying by funds and retail investors mainly in oil and gas, power, realty and IT sector stocks.

Rising for the second straight session, the 30-share barometer rose by 89.34 points, or 0.45 percent, to 19,762.98. In yesterday's session, Sensex had gone up by 98 points.

The wide-based National Stock Exchange index Nifty traded 22.90 points, or 0.36 percent, higher at 5,993.95.

Brokers said the sentiment remained firm on sustained buying on hopes of encouraging IIP data for March to be released later this week and a mixed trend in the Asian trade. In the Asian region, Japan's Nikkei gained 0.28 percent to trade at nearly five-year high, while Hong Kong's Hang Seng fell by 0.14 percent in early trade on Tuesday.

The US Dow Jones Industrial Average, however, ended 0.03 percent lower in Monday’s trade.

(Agencies)

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