Mumbai: BSE Sensex surged nearly 172 points compared to the beginning of trading on Thursday when buying funds and retail investors, companies driven by quarterly earnings, and an encouraging trend in other Asian stock markets firming.
30-share BSE index, which had received more than 437 points in the previous two sessions, rose another 171.72 points, or 0.99 percent, to 17,472.30, with the indices of all sectors, gaining up to 1.41 percent.
Broad-based National Stock Exchange Nifty Index rose by 44.75 points, or 0.85 percent 5,280.45 points.
Brokers said the continued inflow of foreign capital improvement funds to the following feelings better than expected third-quarter earnings of some companies and auto makers was supported by strong sales in January rally.
Also firming trend in other Asian bourses following overnight gains in U.S. stocks backed feelings here, they said.
Asian region, Hong Kong's Hang Seng index rose 1.35 percent and 0.87 percent of Japan's Nikkei index of the morning trading today.
U.S. Dow Jones Industrial Average closed 0.66 percent higher on Wednesday.
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Seeing Science Everywhere
11 years ago
