Sensex zooms 226 points in early trade
The 30-share index, Sensex, which had gained over 405 points in the past two trading sessions, records another 226.31 points to 15,534.29 in the first five minutes of trading.business Updated: Aug 09, 2007 10:22 IST
Continuing its firm trend for the third straight day, the benchmark Sensex surged 226 points in early trade on Thursday on Bombay Stock Exchange on sustained buying by funds in heavyweight stocks.
The 30-share index, Sensex, which had gained over 405 points in the past two trading sessions, recorded another 226.31 points to 15,534.29 in the first five minutes of trading.
The wide-based National Stock Exchange's Nifty also rose by 61.25 points, or 1.20 per cent, to 4,523.35.
Stock brokers said firming global trends and strong fundamentals mainly triggered buying by foreign as well as other market players.
All BSE-30 and NSE-50 stocks were in the positive zone with sizeable gains.
Meanwhile, stocks of Omaxe Ltd were listed on the bourses at Rs 400 against the offered prices of Rs 310. Over 5.17 lakh shares changed hands within minutes of listing.