Sensex jumps 100 points in opening trade

Sep 09, 2010 |

mumbai

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Sensex

Continuing its winning streak for the fourth day on Thursday, the Bombay Stock Exchange benchmark Sensex shot up by 100.39 points in the opening trade, amid bullish domestic sentiment and a renewed confidence in the European market recovery after Portugal's successful debt bond auction.

The 30-share index gained 0.54 per cent to trade at 18,767.10 points, the best level since February, 2008. Likewise, the wide-based National Stock Exchange's Nifty also rose by 22.35 points to 5,630.20 points, an increase of 0.40 per cent. Brokers said sentiments remained bullish on firming trends on the other Asian bourses after overnight gains at the US market on easing concerns about European debt woes.

At domestic front, all the sectoral indices, led by realty and banking, were trading in positive territory with gains up to 0.91 per cent on steady capital inflows. The Hong Kong's Hang Seng index was up by 0.44 per cent, while Japanese Nikkei by 0.79 per cent in morning trade. The US Dow Jones Industrial Average closed 0.45 per cent higher in Wednesday’s trade.

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