Sensex zooms 458 pts in early trade

Sensex gains 458 points in early trade on Monday on brisk buying by funds.

The Bombay Stock Market benchmark Sensex gained 458 points in early trade on Monday on brisk buying by funds.

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The 30-share index, which closed with a gain of 326 points on Friday, shot up by 457.69 points to 19,310.56 point in the first five minutes of trade.

The wide-based National Stock Exchange index, Nifty, rose by 129.25 points to 5,737.85 as most of the heavy-weight shares recorded notable gains.

The trading sentiment was boosted by reports of a steep rise in Asian stock markets such as Hang Seng and Kospi.