MUMBAI: Extending gains for the third straight session, the benchmark sensex surged about 160 points to 24,645.70 in early trade on Wednesday amid a firming trend at other Asian markets, tracking overnight gains in the US and Europe.
www.sevagiri.com
The 30-share index, which had gained 523.74 points in the previous two sessions, gained another 159.75 points, or 0.75%, at 24,645.70, with sectoral indices led by power, healthcare, realty, auto and IT trading in the positive zone.
The NSE Nifty was also trading higher by 39.90 points, or 0.53%, at 7,476.05.
The market was closed yesterday for the Republic Day.
Brokers said buying activity picked up momentum largely in step with a firming trend at other Asian bourses and overnight gains in the US and European markets on the back of a rally in crude oil which kept mood upbeat.Among other Asian markets, Japan's Nikkei climbed 2.02% while Hong Kong's Hang Seng was trading higher by 0.47% in early trade. Shanghai's Composite index was up 0.23%.
The US Dow Jones Industrial Average ended 1.78% higher in yesterday's trade.
www.sevagiri.com
The 30-share index, which had gained 523.74 points in the previous two sessions, gained another 159.75 points, or 0.75%, at 24,645.70, with sectoral indices led by power, healthcare, realty, auto and IT trading in the positive zone.
The NSE Nifty was also trading higher by 39.90 points, or 0.53%, at 7,476.05.
The market was closed yesterday for the Republic Day.
Brokers said buying activity picked up momentum largely in step with a firming trend at other Asian bourses and overnight gains in the US and European markets on the back of a rally in crude oil which kept mood upbeat.Among other Asian markets, Japan's Nikkei climbed 2.02% while Hong Kong's Hang Seng was trading higher by 0.47% in early trade. Shanghai's Composite index was up 0.23%.
The US Dow Jones Industrial Average ended 1.78% higher in yesterday's trade.
Source - TOI
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