Sensex up 100 pts in early trade
The benchmark BSE index climbs steeply as blue-chip stocks rally on brisk buying by foreign funds.india Updated: Sep 27, 2006 10:46 IST
Tracking the global markets, the benchmark Sensex rose by over 100 points in early trade on the Bombay Stock Exchange on Wednesday, driven by rally in blue-chip heavy weight stocks on brisk buying by foreign funds.
The BSE 30-share index, Sensex, which had closed nearly 143 points higher on Tuesdaywas up by another 100.76 points at 12,421.95 in the first five minutes of trading.
Similarly, the Nifty index on the National Stock Exchange was up by 24.65 points at 3596.40 points.
The major support came in from heavy-weighted stocks such as Infosys Technologies, Satyam Computers, Tata Consultancy, Bajaj Auto, Reliance Industries, Tata Steel, BHEL, Hero Honda, Ranbaxy, Cipla, Dr Reddy's Lab, HDFC and State Bank of India.
The bourses witnessed a block deal of 20 lakh shares in Petronet LNG at Rs 46.75.
Meanwhile, HOV Services listed on the bourses a little higher at Rs 208.80 against the offered price of Rs 200.