Mumbai: The BSE benchmark Sensex rose by over 51 points in early trade on Thursday on sustained buying by funds and retailers amid a firm global trend.
The 30-share barometer, which had gained 33.07 points in Wednesday’s trade, moved up further by 51.50 points, or 0.28 percent, to 18,662.27. Stocks of auto, consumer durables and banking sector led the rise.
Similarly, the wide-based National Stock Exchange index Nifty gained 14.35 points, or 0.25 percent, to 5,674.60.
The trading sentiment remained firm on continued buying by funds and retail investors tracking overnight gains at the European and the US markets after an unexpectedly strong US housing data, brokers said.
In Asia, Hong Kong's Hang Seng rose by 0.52 percent, while the Japan's Nikkei gained 1.66 percent in early trade .
The US Dow Jones Industrial Average ended 0.04 percent higher in Wednesday’s trade.


Latest News  from Business News Desk