Mumbai: The benchmark BSE Sensex advanced over 100 points in early trade today
on sustained buying by domestic institutional investors amid firm Asian
cues.
Continuing its upward march for the third straight
session, the 30-share index rose 136.45 points, or 0.40 per cent, to
33,763.42. The gauge had gained 607.90 points in the previous two
sessions.
The NSE Nifty too was up 47.65 points, or 0.46 per cent, at 10,379.25.
Sectoral indices, led by consumer durables, metal, realty and capital
goods stocks, were trading in the positive zone with gains of up to 1.40
per cent.
Brokers said that a firm trend at other Asian markets
on easing concerns about a sharp rise in US interest rates and buying
by investors ahead of earnings season, scheduled to begin this week,
helped lift market sentiment.
Major gainers were Kotak Bank, Yes
Bank, IndusInd Bank, M&M, Asian Paint, RIL, HDFC, Bajaj Auto, Axis
Bank, HDFC Bank, ITC, Wipro, Maruti Suzuki and Dr Reddy's, gaining by up
to 1.29 per cent.
Top losers were ICICI Bank, Bharti Airtel and Infosys, falling up to 2 per cent.
Among other Asian markets, Japan's Nikkei was up 0.06 per cent while
Hong Kong's Hang Seng index rose 0.97 per cent. Shanghai Composite Index
too edged higher by 0.15 per cent.
The US Dow Jones Industrial
Average, however, ended 2.34 per cent down in Friday's trade after
Donald Trump warned of tariffs on an additional USD 100 billion worth of
Chinese imports.
PTI
