MUMBAI: The Bombay Stock Exchange benchmark Sensex on Thursday rose by over 95 points in early trade on buying by funds and retail investors.
The 30-share index, which gained 40.79 points in the previous session, gathered another 95.51 points, or 0.57 per cent, to 16,753.40 points.
Stocks of auto, oil & gas and metal sectors were leading the rally.
The wide-based National Stock Exchange index Nifty gained 28.40 points, or 0.52 per cent, to 5,028.70 points.
Brokers said increased buying by foreign funds and retail investors helped the Sensex remain in the positive for the second straight session, but overnight losses in the US market and mixed cues from Asian markets capped gains.
Among auto stocks, Tata Motors gained 0.95 per cent to Rs 735, Mahindra and Mahindra was up 0.99 per cent to Rs 582.90 and Maruti Suzuki rose by 0.46 per cent to Rs 1,308.30.
Stocks of most-weighted Reliance Industries was up by 0.60 per cent to Rs 1.012.90 supported by reports that the company was looking to enter the telecom sector.
Rcom was up 0.32 per cent to Rs 170.50, Bharti Telecom by 0.79 per cent to Rs 274.30, Sterlite Industries by 0.78 per cent to Rs 634.45, Hindalco by 1.54 per cent to Rs 135.05 and State Bank of India by 0.97 per cent to Rs 2,295.
TOI
The 30-share index, which gained 40.79 points in the previous session, gathered another 95.51 points, or 0.57 per cent, to 16,753.40 points.
Stocks of auto, oil & gas and metal sectors were leading the rally.
The wide-based National Stock Exchange index Nifty gained 28.40 points, or 0.52 per cent, to 5,028.70 points.
Brokers said increased buying by foreign funds and retail investors helped the Sensex remain in the positive for the second straight session, but overnight losses in the US market and mixed cues from Asian markets capped gains.
Among auto stocks, Tata Motors gained 0.95 per cent to Rs 735, Mahindra and Mahindra was up 0.99 per cent to Rs 582.90 and Maruti Suzuki rose by 0.46 per cent to Rs 1,308.30.
Stocks of most-weighted Reliance Industries was up by 0.60 per cent to Rs 1.012.90 supported by reports that the company was looking to enter the telecom sector.
Rcom was up 0.32 per cent to Rs 170.50, Bharti Telecom by 0.79 per cent to Rs 274.30, Sterlite Industries by 0.78 per cent to Rs 634.45, Hindalco by 1.54 per cent to Rs 135.05 and State Bank of India by 0.97 per cent to Rs 2,295.
TOI
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