The Bombay Stock Exchange benchmark Sensex on Monday rose over 86 points in early trading on buying by funds and retail investors in heavy-weight stocks, triggered by firming Asian stock Markets.
The 30-share index, which had gained 312.81 points in the previous session, moved up by another 86.88 points to 17,687 in the first five minutes of trade.
Similarly, the wide-based National Stock Exchange’s index Nifty also surged 21.25 points to 5,249.75.
Marketmen said the strength in domestic stock Markets was mostly on the back of firmness in Asian Markets and strong earnings by some corporate majors.
They said stocks of auto, power and engineering Companies were in the positive zone, which lifted the Sensex higher. Larsen and Toubro, Reliance Energy, Reliance Industries, Satyam Computers, ICICI Bank, Maruti Udyog, Mahindra and Mahindra and Bharti Airtel were major gainers.
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