Mumbai: The benchmark BSE Sensex today rose over 123 points in early trade, extending gains for the second straight session, on sustained buying by funds amid a firm trend in global markets on signs of easing tensions between Russia and Ukraine.
The wide-based Nifty of the National Stock Exchange moved up by 33.40 points, or 0.53 per cent, to 6,331.35. The 30-share index, which had rallied 263.08 points Tuesday, rose by 123.47 points, or 0.57 per cent, to 21,333.20 in morning trade with all the sectoral indices led by realty, IT and metals trading in the positive zone with gains up to 0.93 per cent.
Brokers said continued buying by foreign funds and retail investors largely in tandem with a firming trend on other Asian bourses, following overnight gains on Wall Street after Ukraine tensions eased, mainly buoyed the sentiment here.
In other Asian markets, Hong Kong’s Hang Seng rose by 0.17 per cent, while Japan’s Nikkei by 1.50 per cent in early trade Wednesday.The US Dow Jones Industrial Average gained 1.41 per cent in Tuesday’s trade.
Bureau Report
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