Sensex rises for 3rd day; up 82 points

Last Updated: Wednesday, May 8, 2013 - 10:09

Mumbai: The BSE benchmark Sensex extended gains for the third-straight day by adding nearly 82 points in early trade Wednesday on continued foreign funds inflow amid a firming trend in the global markets.

The 30-share barometer rose by 81.83 points, or 0.41 percent, to 19,970.78 with stocks of realty, metal and IT sectors leading the gains. The index had gained over 313 points in the previous two sessions.

Similarly, the wide-based National Stock Exchange index, Nifty moved up by 21.55 points, or 0.36 percent, to 6,065.10.

Brokers said sentiments on the domestic bourses continues to be buoyed by sustained buying by foreign funds and retail investors, driven by a firming trend in the Asian region after US markets surged to new record high in yesterday's trade.

Meanwhile in Asia, Hong Kong's Hang Seng index rose by 0.72 percent, while Japan's Nikkei up by 1.35 percent in the early trade. The US Dow Jones Industrial Average gained 0.58 percent to close above 15,000 for the first time in yesterday's trade as investor optimism about the US economy.


First Published: Wednesday, May 8, 2013 - 10:06

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