Sensex up 192 points on normal monsoon forecast
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Sensex up 192 points on normal monsoon forecast

Last Updated: Wednesday, April 20, 2011, 09:49
 
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Mumbai: Bombay Stock Exchange benchmark Sensex opened 192 points up Wednesday, extending its gains from Tuesday on continued buying by funds, supported by a normal monsoon forecast and firming trend on Asian bourses.

The 30-share index rose by 192.14 points, or 1 percent to 19,313.97 points in opening trade. It had gained 30.66 points in yesterday's volatile session.

Stocks of financials, IT, capital goods and metal sectors led the rally in early trade.

Similarly, broad-based National Stock Exchange index Nifty rose by 60.05 points, or 1.05 percent, to 5,800.80 level.

Brokers said sentiments turned better following a normal monsoon forecast for this year and firming trend on other Asian bourses following overnight gains in the US market.

Meanwhile, Japan's Nikkei and Hong Kong's Hang Seng Index were up by 0.92 percent and 0.94 percent, respectively, in the early trade Wednesday. In the US, the Dow Jones Industrial Index ended 0.53 per cent higher Tuesday.

PTI

First Published: Wednesday, April 20, 2011, 09:49

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