Sensex up 122 points in early trade

The 30-share index, Sensex adds 122.24 points to touch 20,498.11 points in the first five minutes of trade.

The Bombay Stock Exchange benchmark index went up by 122 points in early trade on Thursday on sustained buying by funds in heavy-weight stocks, despite weak global trend.

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The 30-share index, Sensex, which gained 85 points on Wednesday, added 122.24 points to touch 20,498.11 points in the first five minutes of trade.

The wide-based National Stock Exchange index, Nifty, also rose by 26.10 points to 6,185.40.

Trading sentiment was firm despite a weak trend in the Asian markets such as Singapore, Hong Kong and Korea, marketmen said.