Sensex maintains uptrend, hovering above 19,800

Sensex maintains uptrend, hovering above 19,800 Mumbai: The BSE benchmark Sensex on Wednesday rose by over 61 points in early trade on sustained buying by funds amid a firming trend in the Asian region.

The 30-share barometer, which had gained 51.10 yesterday, rose further by 61.51 points, or 0.31 percent to 19,804.03 with all the sectoral indices, led by auto and realty, trading in positive zone with gains up to 1.07 percent.

The wide-based National Stock Exchange index Nifty moved up by 13 points, or 0.22 percent percent, to 6,014.70.

Brokers said the sentiment remained strong on continued inflows from foreign funds into equity market amid a firming trend in the Asian region.

Besides, hopes of encouraging corporate earnings for the third quarter also generated buying activity, they said.

In the Asian region, Hong Kong's Hang Seng rose by 0.39 percent. While Japan's Nikkei up by 0.47 percent in early trade today.

PTI