Mumbai: The Bombay Stock Exchange benchmark
Sensex on Thursday rose about 106 points in early morning trade on
emergence of buying by funds and retail investors amid firming
Asian markets.
The 30-share Sensex, which had lost 28.36 points in
yesterday's volatile trade, recovered by 105.99 points, or
0.62 percent to 17,275.90 in early morning trade.
The wide-based National Stock Exchange index Nifty also
moved up by 37.35 points, or 0.72 percent, to trade at
5,160.60 points.
Brokers said fresh buying in select heavy-weight stocks
by funds as well as retail investors amid firming trend on the
Asian markets mainly helped the bourses trade in the positive
terrain.
Stocks of oil and gas, metals, auto and realty sectors
were major gainers with increased interest from the traders.
Among auto stocks, the country's largest car maker, Maruti
Suzuki, continued its upward journey and gathered another 0.90
percent to Rs 1,627 after posting sales growth for the ninth
consecutive month this year and on reports that the company
may raise production.
Other gainers were Reliance Industries up 0.52 percent
to Rs 1,106, Tata Steel 0.53 percent to Rs 578.45, DLF Ltd by
0.36 percent to Rs 385.90, Bharti Airtel by 1.30 percent to
Rs 308.70 and State Bank of India 0.37 percent to Rs 2,316.
The Hong Kong's Hang Seng Index was up 0.65 percent, while
Japan's Nikkei rose 2.87 percent in morning trade today.
PTI
First Published: Thursday, December 03, 2009, 10:45