Mumbai: Continuing its gaining streak for the third straight day, the BSE benchmark Sensex rose by 129 points in early trade on Thursday on sustained buying by funds and retailers, tracking a firming trend in Asian region.
    
The 30-share barometer, which had gained almost 82 points in the previous two sessions, rose further by 128.84 points, or 0.75 percent, to 17,313.85.
    
All the sectoral indices led by capital goods and metals, were trading in positive territory with gains up to 1.26 percent.
    
Similarly, the wide-based National Stock Exchange index Nifty moved up by 37.10 points, or 0.71 percent, to 5,253.40.
    
Trading sentiment remained firm on continued buying by funds and retail investors amid a firming trend in Asian regions following overnight gains on Wall Street on upbeat earnings reports from technology and other firms.
    
Besides, expectations that the government will accelerate economic reforms after the Presidential poll also triggered buying by participants, brokers said.
    
Bucking the trend, stock of auto major Maruti Suzuki tumbled 4.80 percent to Rs 1,165.55 on major sell-off following a clash between workers and the managerial staff at company's Manesar plant on Wednesday.
    
In the Asian region, Hong Kong's Hang Seng rose by 1.05 percent, while the Japan's Nikkei by 0.78 percent in early trade on Thursday. The US Dow Jones Industrial Average ended 0.81 percent higher in Wednesday's trade.

(Agencies)

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