Besides, covering up pending short positions by speculators in view of tomorrow's June month expiry in the derivatives segment, influenced sentiment. The 30-share index was trading higher by 72.48 points or 0.26 percent at 27,876.85 with metal, healthcare, PSU and power sector stocks leading the rise.

The barometer had rallied 1,433.39 points or 5.4 percent in the previous eight sessions. Also, the National Stock Exchange index Nifty inched towards the crucial 8,400-mark by rising 18.30 points or 0.21 percent at 8,399.85.

Brokers said sustained buying by participants as above-normal monsoon reignited rate cut hopes and a firming trend at other Asian markets with Japan's Nikkei trading at around 18-year highs on confidence Greece will reach a last-minute debt reform deal with its creditors this week.

Among other Asian markets, Hong Kong's Hang Seng was up by 0.15 percent in morning trade today. The US Dow Jones Industrial Average ended 0.13 percent higher in yesterday's trade.



Latest News  from Business News Desk