Sensex adds more gains, surges 109 points in early session

Mumbai: The benchmark BSE Sensex advanced nearly 109 points at the start of trading today after buying by investors and foreign funds gathered momentum amid strong global cues.

The 30-share index was trading higher by 108.98 points, or 0.40 percent, at 26,803.26, with sectoral indices led by IT, consumer durables, realty, capital goods, auto and metal stocks emerging as major gainers, rising by up to 1.31 percent.

The gauge had rallied 457.41 points in the previous session yesterday.

The NSE Nifty too rose 25.05 points, or 0.30 percent, at 8,271.90.

Brokers said increased buying by retail investors and foreign funds, spread over a broad front and a firming trend in other Asian markets tracking overnight gains on European and US markets on the back of European Central Bank's move to extend stimulus programme, influenced sentiment here.

Japan's Nikkei was up 1.11 percent while Hong Kong's Hang Seng shed 0.29 percent in early trade today. Shanghai Composite edged up 0.28 percent.

The US Dow Jones Industrial Average ended 0.33 percent higher in yesterday's trade.