Sensex up 470 points in early trade

The 30-share index, which closed 71 points up on Thursday, shot up by 470.24 points to 19,632.81 points in the first five minutes of trade.

The Bombay Stock Exchange benchmark Sensex on Monday rose by 470 points in early trade on brisk buying by funds and general investors.

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The 30-share Sensex, which closed 71 points up on Thursday, shot up by 470.24 points to 19,632.81 points in the first five minutes of trade.

Similarly, the wide-base National Stock Exchange index, Nifty, spurted by 141.50 points to 5,908 points.

The buying activity was wide-base and lifted almost all the sectoral indices.

The major support to the market came in from stocks of Reliance Industries, Infosys, Tata consultancy, Tata Steel and BHEL.