Sensex crosses 26K-mark; realty, capital goods stocks major gainers

The benchmark BSE Sensex rose over 64 points to trade above the 26,000-mark in early trade today on increased buying by investors as the December derivatives series began on a positive note.

The 30-share Sensex, which has gained 182.89 points in the previous session, advanced by 64.11 points or 0.24 percent to 26,022.74.

Realty, capital goods, auto, banking and metal sectoral indices of BSE were in the positive zone, gaining up to 0.64 percent.

Also, the NSE Nifty reclaimed the crucial 7,900-level by surging 26.80 points or 0.33 percent to 7,910.60.

Brokers said building-up of fresh positions by participants, following beginning of the December month F&O series helped the Sensex gain, but a weak trend in other Asian markets on disappointing Japanese data capped the gains.

Among other Asian markets, Japan’s Nikkei shed 0.25 percent, Shanghai Composite index fell 1.17 percent and Hong Kong’s Hang Seng was down 1.05 percent in early trade.

The US markets were closed yesterday for the Thanksgiving Day holiday.