Mumbai: The BSE benchmark Sensex regained the 17,000 points level in early trade on  Monday on continued buying by funds and retail investors ahead of RBI's mid-term credit policy review.

The 30-share barometer, which had climbed 271.95 points in the previous session, rose by 153.02 points, or 0.90 percent, to 17,102.85, its highest level since May 4.

All the sectoral indices led by metals, capital goods, banking and realty sectors were trading in positive zone with gains of up to 1.43 percent.

The wide-based National Stock Exchange index Nifty also traded marginally up by 48.30 points, or 0.94 percent, to 5,187.35.

Brokers said increased buying by funds as well as retail investors on expectations of a rate cut by the Reserve Bank at its mid-term credit policy review later in the day on Monday, buoyed the trading sentiment.

Besides, a firm trend in the Asian markets after Greece pro-austerity parties won enough votes to form a government also had a positive impact here, they said.

In the Asian region, the Japan's Nikkei was up 2.23 percent, while Hong Kong's Hang Seng gained 1.79 percent in the morning trade on Monday. 


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