Sensex up 277 points in early trade

The 30-share index, which moved up by 156 points on Tuesday, touches 18,083.63 points in the first five minutes of trade.

The Bombay Stock Exchange benchmark Sensex gained 277 points in early trade on Wednesday on heavy buying by funds, tracking the global trend.

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The 30-share index, which moved up by 156 points on Tuesday, added another 277 to 18,083.63 points in the first five minutes of trade.

Wide-based C&X Nifty of the National Stock Exchange rose by 82.10 points to 5,352.90 points as most of the heavy weights gained substantial ground.

Report of a rising trend in the US and Asian stock markets fuelled the surge to some extent.