Mumbai: Amid a firming trend in Asian markets and easing crude oil prices, the Bombay Stock Exchange (BSE) benchmark, Sensex rose for the seventh straight day in opening trade on Wednesday, adding nearly 153 points on continued buying by funds.

The 30-share index of the BSE, which has gained nearly 1,277 points in the previous six sessions, rose further by 152.80 points to 19,273.60.

Similarly, the broad-based National Stock Exchange Nifty index also moved up by 43.60 points, or 0.76 per cent, to 5,779.95.

After registering gains of up to 1.11 per cent, all the sectoral indices were trading in the positive zone.

Brokers said the trading sentiment remained afloat on the back of a firming trend on other Asian bourses following overnight gains in the US market and easing of oil prices,
reducing fears of inflationary pressure and a hike in interest rates.

Covering-up of pending short positions by speculators ahead of tomorrow's monthly expiry in the derivatives segment on the NSE also supported the rise in stock prices, they said.

Meanwhile, Japan's Nikkei index rose by 1.78 per cent and Hong Kong's Hang Seng gained 1.55 per cent in early trade on Wednesday.

(Agencies)