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Sensex regains 21,000 level, surges 264 points in early trade

(PTI): The benchmark BSE sensex on Monday regained 21,000-level by surging 264 points in early trade on increased buying by funds and retailers despite weak IIP data.

The industrial production data for November, which was released after the market hours on Friday, contracted to a six-month low of 2.1 per cent.

The 30-share barometer, which had gained 45.12 points in volatile trading on Friday, spurted by 264.09 points, or 1.27 per cent, to 21,022.58, with all the sectoral indices led by oil and gas and IT trading in positive territory with gains up to 1.97 per cent.

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