Sensex rises for 6th day; breaches 18,950-level

Sensex rises for 6th day; breaches 18,950-level Zeebiz Bureau

Mumbai: The BSE benchmark Sensex on Wednesday rose by over 134 points in mid-session trade, extending gains for the sixth straight session on continued buying by funds and retail investors.

The 30-share barometer, which has gained nearly 386 points in the last five sessions, gained another 134.09 points, or 0.71 percent, to 18,951.47 with stocks of realty, banking, auto metal companies leading the uptick.

Similarly, the wide-based National Stock Exchange Nifty Index moved up by 44.55 points, or 0.78 percent, to 5,768.95.

Brokers said sustained buying activity in select stocks having strong fundamentals, mainly bolstered the trading sentiments.

In the Asian region, MSCI's broadest index of Asia-Pacific shares outside Japan dipped in and out of negative territory, while Japan's Nikkei average erased early gains to fall 0.4 percent.

The US Dow Jones Industrial Average ended 1.02 percent higher in yesterday's trade.

With Agency Inputs