MUMBAI: The Bombay Stock Exchange benchmark Sensex on Monday opened 171 points higher on buying in banking, auto and metal stocks amid firming Asian trends.
The 30-share index gained 171.69 points, or 0.83 per cent, to trade at 18,039.98 points. The index had lost 123.71 points in the previous session.
The wide-based National Stock Exchange's Nifty also regained 5,400 points by rising 51.90 points, or 0.96 per cent, to 5,419.50 points.
Brokers said buying by foreign funds as well as retail investors helped the Sensex trade above the psychological 18,000 points level. Better trends on other Asian bourses also boosted the sentiment.
Auto stocks were in keen demand after auto makers reported a significant growth in sales in July 2010. Bajaj Auto was up by 1.82 per cent to Rs 2,737, Hero Honda by 1.02 per cent to Rs 1,833.90, Maruti Suzuki by 1.02 per cent to Rs 1,210.35 Tata Motors by 1.46 per cent to Rs 858.50 and Mahindra and Mahindra by 1.21 per cent to Rs 669.50.
ICICI Bank, country's top lender in the private sector, shot up by 2.44 per cent at Rs 926.50 after it reported a 17 per cent growth in its quarterly net earnings.
Among other gainers, Reliance Industries was up by 0.79 per cent to Rs 1,017.55, Reliance Infra by 0.65 per cent to Rs 1,114.95, State Bank of India by 1.05 per cent to Rs 2,530.15, DLF by 1 per cent to Rs 304.30, Hindalco by 1.50 per cent to Rs 162.70, Tata Steel by 0.87 per cent to Rs 541.80 and Sterlite by 1.69 per cent to Rs 177.85.
The Hong Kong's Hang Seng index was up by 1.37 per cent, while Japanese Nikkei by 0.47 per cent in morning trade.
TOI
The 30-share index gained 171.69 points, or 0.83 per cent, to trade at 18,039.98 points. The index had lost 123.71 points in the previous session.
The wide-based National Stock Exchange's Nifty also regained 5,400 points by rising 51.90 points, or 0.96 per cent, to 5,419.50 points.
Brokers said buying by foreign funds as well as retail investors helped the Sensex trade above the psychological 18,000 points level. Better trends on other Asian bourses also boosted the sentiment.
Auto stocks were in keen demand after auto makers reported a significant growth in sales in July 2010. Bajaj Auto was up by 1.82 per cent to Rs 2,737, Hero Honda by 1.02 per cent to Rs 1,833.90, Maruti Suzuki by 1.02 per cent to Rs 1,210.35 Tata Motors by 1.46 per cent to Rs 858.50 and Mahindra and Mahindra by 1.21 per cent to Rs 669.50.
ICICI Bank, country's top lender in the private sector, shot up by 2.44 per cent at Rs 926.50 after it reported a 17 per cent growth in its quarterly net earnings.
Among other gainers, Reliance Industries was up by 0.79 per cent to Rs 1,017.55, Reliance Infra by 0.65 per cent to Rs 1,114.95, State Bank of India by 1.05 per cent to Rs 2,530.15, DLF by 1 per cent to Rs 304.30, Hindalco by 1.50 per cent to Rs 162.70, Tata Steel by 0.87 per cent to Rs 541.80 and Sterlite by 1.69 per cent to Rs 177.85.
The Hong Kong's Hang Seng index was up by 1.37 per cent, while Japanese Nikkei by 0.47 per cent in morning trade.
TOI
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