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Sensex up 260 pts in early trade

The 30-share index, which had gained nearly 360 points in the previous session, shot up by 259.80 points to 13,713.80.
PTI | By HT Correspondent, Mumbai
UPDATED ON JUL 07, 2008 10:49 AM IST

The Bombay Stock Exchange benchmark Sensex rose by 260 points in early trade today on sustained buying by funds in heavy-weight stocks.

The 30-share index, which had gained nearly 360 points in the previous session, shot up by 259.80 points, or 1.93 per cent to 13,713.80.

The wide-based National Stock Exchange index's Nifty regained the 4,100 points mark by gaining 85.55 points to 4,001.55.

Marketmen said easing of tension on the political front and firming trends at other Asian stock markets mainly enthused the trading sentiments here.

Major gainers, which supported the Sensex were Reliance Industries, Larsen and Toubro, BHEL, State Bank of India, ICICI Bank, Grasim Industries, HDFC Bank, HDFC Ltd, Infosys Technologies, TCS, Wipro, ONGC, Reliance Infra, DLF Ltd and ACC.

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