Sensex surges 194 points in early trade on Asian cues

Mumbai, Nov 16 (PTI) The Bombay Stock Exchange benchmark
index Sensex Monday gathered more than 194 points to trade
over 17,000 points level, extending previous session's gains
on continued buying by funds, driven by firming trends on the
other Asian bourses.

The 30-share BSE Sensex shot up by 194.48 points, or 1.15
per cent to trade well above 17,000 points level at 17,043.31
in early trade with all the sectoral indices trading in
positive zone with gains up to 2.25 per cent.
The wide-based National Stock Exchange index Nifty also
gained 56.45 points to 5,055.40.
Brokers said pick up in buying by foreign funds, sparked
by firming trends on the other Asian markets in line with
Friday's gains on the US market.
Major gainers, which supported the Sensex were Reliance
Industries by 1.29 per cent to Rs 2,143.95, Reliance Infra by
0.99 per cent to Rs 1,164.05, DLF Ltd by 2.54 per cent to
Rs 377.90, State Bank of India by 2.43 per cent to Rs 2,354,
Sterlite Industries by 2.42 per cent to Rs 857.50, Maruti
Suzuki by 2.47 per cent to Rs 1,516.35 and Tata Motors by 1.87
per cent to Rs 631.10.
Meanwhile, the Hong Kong's Hang Seng index was up 1.3 per
cent, while Japan's Nikkei 0.15 per cent higher in the morning
trade Monday. The US Dow Jones Industrial Average ended 0.72
per cent higher on Friday. PTI SUN
ANU


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