Sensex extends rally; Nifty regains 8,100-mark in early trade
Continuing its winning streak for the third straight session, the benchmark BSE Sensex rose over 48 points and the NSE Nifty regained the 8,100-mark in early trade on Thursday on sustained buying in bluechip stocks amid a mixed trend in Asian markets.
Besides, covering-up of pending short positions by speculators on the last day of October series expiry in the derivatives segment, buoyed market sentiments.
The BSE 30-share barometer rose over 48.27 points, or 0.17%, to 27,146.44. The NSE Nifty also maintained its rising trend and regained the 8,100-mark for the first time since September 23 by gaining 12.10 points, or 0.14%, to trade at 8,102.55.
Brokers said reforms in construction and real estate sectors, announced by the government on Wednesday, also influenced trading sentiments.
Besides, a mixed trend in other Asian markets boosted the sentiment, they added.
Among other Asian markets, Japan's Nikkei was up by 0.27%, while Hong Kong's Hang Seng shed 0.33% in early trade on Thursday.
The US Dow Jones Industrial Average ended 0.18% down in Wednesday's trade.