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Sensex surges 121 points in early trade

The BSE-30 share index bounces back to 14,283.71 in the first five minutes of trading.

business Updated: Jun 18, 2007 10:56 IST

The benchmark Sensex surged 121 points in early trade on Monday on the Bombay Stock Exchange (BSE) on emergence of buying by funds and retail investors.

The BSE-30 share index, Sensex, which had lost 41.01 points in previous trading, bounced back to register a gain of 121.00 points at 14,283.71 in first five minutes of trading on brisk buying in heavy-weight stocks.

Similarly, the wide-based National Stock Exchange's Nifty rose by 36.70 points at 4204.15.

Stock brokers said firming global markets mainly influenced the trading sentiments here, triggering fresh buying in heavy weight stocks such as Reliance Industries, Infosys Technology,Bharti Airtel, Tata Steel and ACC.

First Published: Jun 18, 2007 10:52 IST