24 December,2009 12:04 PM IST | | PTI
The Bombay Stock Exchange benchmark Sensex on Thursday rose by over 116 points or 0.67 per cent in opening trade on buying by funds and retail investors in heavy weight stocks.
The Sensex moved up by 116.38 points to 17,347.49 points in opening trade. It had jumped by 539.11 points on Wednesday. The wide-based National Stock Exchange index Nifty also rose by 32.55 points or 0.53 per cent to 5,177.15 points.
Brokers said reports of firming trend on the other Asian markets, which were up by almost 1.6 per cent in morning trade today, mainly triggered buying by foreign funds. The covering-up of short positions by speculators also supported the upside in stock prices, they added.
Among major gainers, Reliance Industries was up by 0.48 per cent to Rs 1071.00, Reliance Infra by 0.64 per cent to Rs 1,076.35 and RCom by one per cent to Rs 176.50.
ALSO READ
Sensex, Nifty fall for 2nd day on FII selling; RIL, ICICI Bank major drag
Sensex, Nifty fall for 2nd day amid foreign fund exodus, muted corporate earnings
Sensex, Nifty dip as foreign fund outflows continue amid mixed global trends
Sensex, Nifty fall in early trade amid foreign fund exodus
Sensex, Nifty tank more than 1% after 2-day rally; banks, auto shares fall ahead of US Fed policy outcome
Sterlite Industries rose by 1.75 per cent to Rs 862, Tata Steel by 0.90 per cent to Rs 608.75, Hindalco by 1.57 per cent to Rs 155.60, BHEL by 1.15 per cent to Rs 2,382, DLF Ltd by 1.19 per cent to Rs 370.25, ICICI Bank by 0.41 per cent to Rs 865.00 and State Bank of India by 0.25 per cent to Rs 2,215.00.
