MUMBAI: The Bombay Stock Exchange benchmark Sensex today opened almost 154 points up on continued buying by foreign funds and retail investors, tracking firming Asian bourses.
The BSE Sensex moved up by 153.77 points or 0.67 per cent to 20,662.86 points, with all the sectoral indices led by auto sector, trading positive with gains up to 1.47 per cent.
The barometer had gained nearly 483 points in the previous three sessions.
The wide-based National Stock Exchange's Nifty also opened 44.05 points or 0.58 per cent high to 6,178.55 points.
Brokers attributed the good opening at bourses to upbeat sentiment in the New Year, as auto companies buoyed by strong growth in vehicle sales in December led the rally in stocks.
Firming trends on the other Asian bourses also boosted the trading sentiment here, they added.
The BSE auto sector index shot up by 1.47 per cent to 10,386 points, as stocks of Hero Honda shot up by 1.15 per cent to Rs 2,009, Mahindra and Mahindra by 2.76 per cent to Rs 799, Tata Motors by 1.65 per cent to Rs 1,327.90 and Maruti Suzuki by 0.38 per cent to Rs 1,426.
Meanwhile, the Hong Kong's Hang Seng index was up by 0.10 per cent, while the Japan's market remained closed today.
Read more: Markets start 2011 on a strong note, Sensex opens 154pts up - The Times of India http://timesofindia.indiatimes.com/business/india-business/Markets-start-2011-on-a-strong-note-Sensex-opens-154pts-up/articleshow/7208886.cms#ixzz19x2NGK1H
The BSE Sensex moved up by 153.77 points or 0.67 per cent to 20,662.86 points, with all the sectoral indices led by auto sector, trading positive with gains up to 1.47 per cent.
The barometer had gained nearly 483 points in the previous three sessions.
The wide-based National Stock Exchange's Nifty also opened 44.05 points or 0.58 per cent high to 6,178.55 points.
Brokers attributed the good opening at bourses to upbeat sentiment in the New Year, as auto companies buoyed by strong growth in vehicle sales in December led the rally in stocks.
Firming trends on the other Asian bourses also boosted the trading sentiment here, they added.
The BSE auto sector index shot up by 1.47 per cent to 10,386 points, as stocks of Hero Honda shot up by 1.15 per cent to Rs 2,009, Mahindra and Mahindra by 2.76 per cent to Rs 799, Tata Motors by 1.65 per cent to Rs 1,327.90 and Maruti Suzuki by 0.38 per cent to Rs 1,426.
Meanwhile, the Hong Kong's Hang Seng index was up by 0.10 per cent, while the Japan's market remained closed today.
Read more: Markets start 2011 on a strong note, Sensex opens 154pts up - The Times of India http://timesofindia.indiatimes.com/business/india-business/Markets-start-2011-on-a-strong-note-Sensex-opens-154pts-up/articleshow/7208886.cms#ixzz19x2NGK1H
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