BSE Sensex up nearly 180 points; Nifty crosses 5,500-level
Zee Media Bureau/Reema Sharma
New Delhi: Continuing its upward rally for the fourth consecutive session, the S&P BSE benchmark Sensex opened over 180 points up in the late morning trade on Monday on buying by funds as well as retail investors amidst firming trend overseas.
The 30-share Sensex was trading up at 177 points to 18,791 led by buying in IT, FMCG, banking and healthcare.
Similarly, the Nifty index on the National Stock Exchange crossed 5,500 mark. The wide-based Nifty opened higher at 46 points to 5,512.
However, at the interbank foreign exchange market, the local currency resumed 66.15 from the previous close of 65.70 against dollar.
Top gainers in BSE were HDFC(2.58 percent), Hindustan Unilever (2.33 percent), Tata Steel (1.82 percent), ICICI Bank (1.82 percent) and Sun Pharma (1.77 percent).
In the Asian markets, MSCI's broadest index of Asia-Pacific shares outside Japan advanced 0.9 percent, hitting a two-week high and extending a 2.1 percent rise in the previous two sessions, while Hong Kong's Hang Seng Index.