MUMBAI: The Sensex gained over 211 points in opening trade on the Bombay Stock Exchange (BSE) on Monday on fresh buying by funds, tracking a firming trend on other Asian bourses.
The 30-share index of the Bombay Stock Exchange, which gained 265.57 points in the previous session, gained another 211.55 points, or 1.19%, to 17,940.16 points today, with auto, metals, banking and realty stocks leading the rise.
Similarly, the broad-based National Stock Exchange Nifty index also moved up by 63.10 points, or 1.18%, to 5,373.10.
Brokers said the investor sentiment was boosted by a firming trend in Asia following a higher close in the US market on the weekend.
They said prevailing low levels also attracted buying activity. Furthermore, covering up of pending short positions helped the Sensex rise.
Among banking stocks, State Bank of India rose 1.79% to Rs 2,631, while ICICI Bank gained 1.81% to Rs 1,019.75 in opening trade today.
Meanwhile, Japan's Nikkei index was up by 0.86% and Hong Kong's Hang Seng Index by 0.73% in early trade today.
In the US, the Dow Jones Industrial Average ended 0.36% higher in the previous session on Friday.
TOI
The 30-share index of the Bombay Stock Exchange, which gained 265.57 points in the previous session, gained another 211.55 points, or 1.19%, to 17,940.16 points today, with auto, metals, banking and realty stocks leading the rise.
Similarly, the broad-based National Stock Exchange Nifty index also moved up by 63.10 points, or 1.18%, to 5,373.10.
Brokers said the investor sentiment was boosted by a firming trend in Asia following a higher close in the US market on the weekend.
They said prevailing low levels also attracted buying activity. Furthermore, covering up of pending short positions helped the Sensex rise.
Among banking stocks, State Bank of India rose 1.79% to Rs 2,631, while ICICI Bank gained 1.81% to Rs 1,019.75 in opening trade today.
Meanwhile, Japan's Nikkei index was up by 0.86% and Hong Kong's Hang Seng Index by 0.73% in early trade today.
In the US, the Dow Jones Industrial Average ended 0.36% higher in the previous session on Friday.
TOI
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