Sensex jumps 101 points

In a cautious trade ahead of announcement of macro economic data by the government on Friday, the benchmark BSE sensex was trading higher by 101 points at 26,472.72 in the mid-session. The government will release data on industrial production (IIP) for April as also consumer price index-based inflation for May after market hours today. The market is also looking for the next triggers to decide on its future direction, including progress of the monsoon and June earnings by key companies. The 30-share barometer resumed lower and touched a low of 26,307.56 before recovering to 26,472.72 at 1227 hours, a jump of 101.74 points, or 0.39 per cent. Yesterday, it had tumbled 469.52 points, or 1.75 per cent, on sustained capital outflows on some local negative factors. The broader NSE Nifty also edged up 14.15 points, or 0.18 per cent, to 7,979.50 at 1227 hrs, according to a news agency.