Mumbai: Markets continued their forward march on Thursday. The Bombay Stock Exchange benchmark Sensex zoomed over 100 points in opening trade to touch 13,960.39 on back of a wide-based rally in most stock segments on funds buying.
Sensex, which has gained nearly 520 points in the last four trading sessions, witnessed strong buying interest in IT, Bank, Cement stocks.
National Stock Exchange, Nifty, surged by 23.10 points at 3,997.35. Brokers said firming global markets, cooling crude oil prices and expectations that corporates might come out with excellent third quarter results, buoyed the trading sentiments.
The major gainers were Reliance Industries, Reliance Communications, Infosys Technologies, Satyam Computers, Wipro, Reliance Energy, Tata Motors, Bajaj Auto, Tata Steel, BHEL, HDFC Bank, ICICI Bank, State Bank of India and Larsen and Toubro.
Ess Dee Aluminium got listed today at Rs 255 and XL Telecom got listed at 156.
The Dow rose 102.94 points, or 0.83 per cent, to a closing record of 12,510.57. The index hit a record trading level of 12,519.22 earlier in the session.
Market cues:
- FIIs net sell $33.6 million in equity on December 26
- MFs net buy Rs 336 crore (Rs 3.36 billion) in equity on December 26
- NSE F&O Open Interest up by Rs 1,715 crore (Rs 17.15 billion) at Rs 58,311 crore (Rs 583.11 billion)
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