Mumbai: The BSE benchmark index Sensex on Monday gained over 68 points in early trade on sustained buying by funds and retailers in banking, capital goods and auto stocks amid firm Asian cues. (Agencies)
The 30-share barometer gained 68.45 points, or 0.35 percent, to trade at 19,408.35 points in early trade. The index had gained nearly 835 points in the previous four sessions.
The wide-based index of National Stock Exchange, Nifty, moved up by 13.15 points, or 0.22 per cent, to 5,893.00.
Brokers said trading sentiment remained firm on continued buying by funds and retail investors, tracking gains in other Asian markets after data showed Chinese manufacturing activity had picked up pace in November.
Stocks of some auto companies drew buying support largely on the back of encouraging sales data for the month of November, they said.
Banking major SBI was up over 1 per cent while private bank ICICI Bank gained nearly 1 percent. Auto major Mahindra & Mahindra rose by 1.35 percent while car maker Maruti Suzuki gained 1.39 percent in early trade.
In the Asian region, Hong Kong's Hang Seng rose by 0.10 percent, while the Japan's Nikkei by 0.66 percent in early trade on Monday. The US Dow Jones Industrial Average ended 0.03 percent higher in the previous session on Friday.
Mumbai: The BSE benchmark index Sensex on Monday gained over 68 points in early trade on sustained buying by funds and retailers in banking, capital goods and auto stocks amid firm Asian cues.