Sensex rises 121 pts in early trade

The benchmark Sensex maintained an upward march and added over 121 points in early trade on BSE.

The benchmark Sensex maintained an upward march and added over 121 points in early trade on the Bombay Stock Exchange on Thursday on buying by funds.

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The 30-share index, Sensex, inched closer towards the 19,000 landmark and moved up by 121.43 points at 18,779.68 in the first five minutes of trade.

Similarly, the wide-based National Stock Exchange barometer, Nifty, rose by 39.15 point at 5,480.60.

Marketmen said rise in the stock market was moderate as information technology sector remained weak.

They said the rising spree was also hampered following reports of a weak trend in the US market last evening.