MUMBAI: Positive global cues and persistent capital inflows drove the benchmark Sensex up by 225 points in early trade on the BSE today, with auto stocks generating strong demand ahead of the release of September sales data.
After surging by 115 points within minutes of opening, the 30-share barometer of the Bombay Stock Exchange was up by 225.35 points, or 1.12 per cent, at 20,294.47 at 1015 hours.
The National Stock Exchange's 50-share Nifty was also up by 63.75 points, or 1.06 per cent, at 6,093.70 at 1015 hours.
All the sectoral indices on the BSE were trading in the green. In addition to auto stocks, metal shares were on a roll after positive economic data from the US and China signalled that demand was unlikely to slowdown in the near-term.
As per provisional data from the stock exchanges, foreign funds continue to pump in money into the Indian economy and bought shares worth Rs 2,496.89 crore during Thursday's session.
Meanwhile, key benchmark indices in Indonesia, Japan, South Korea, Singapore and Taiwan rose by about 0.11 per cent to 0.89 per cent in morning trade today.
TOI
After surging by 115 points within minutes of opening, the 30-share barometer of the Bombay Stock Exchange was up by 225.35 points, or 1.12 per cent, at 20,294.47 at 1015 hours.
The National Stock Exchange's 50-share Nifty was also up by 63.75 points, or 1.06 per cent, at 6,093.70 at 1015 hours.
All the sectoral indices on the BSE were trading in the green. In addition to auto stocks, metal shares were on a roll after positive economic data from the US and China signalled that demand was unlikely to slowdown in the near-term.
As per provisional data from the stock exchanges, foreign funds continue to pump in money into the Indian economy and bought shares worth Rs 2,496.89 crore during Thursday's session.
Meanwhile, key benchmark indices in Indonesia, Japan, South Korea, Singapore and Taiwan rose by about 0.11 per cent to 0.89 per cent in morning trade today.
TOI
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