Sensex rises by 180 points to regain 17k-level in opening trade

Sep 16, 2011 |

mumbai

Tags:

The Bombay Stock Exchange benchmark Sensex rose by over 180 points to trade above the 17,000-mark in opening trade today on sustained buying amid positive cues from other Asian markets.

The 30-share BSE index, which gained over 409 points in the previous two sessions, added another 180.58 points, or 1.07 per cent, to 17,057.12 in opening trade on Friday.

In a similar fashion, the wide-based National Stock Exchange Nifty Index moved up 49.65 points, or 0.97 per cent, to trade above the 5,100-level at 5,125.35 points within minutes of the opening bell.

Strong buying interest in oil and gas, PSU, IT, metal and realty stocks supported the Sensex's rise.

Brokers said sustained buying by funds and retailers amid a firming trend in other Asian markets following overnight gains in the US mainly influenced the trading sentiment.

However, participants adopted a cautious approach ahead of the RBI's scheduled review of the monetary policy later today, they said.

Meanwhile, in the Asian region, Japan's Nikkei was up by 1.74 per cent and Hong Kong's Hang Seng index by 2.21 per cent in morning trade today. The Dow Jones Industrial Average ended 1.66 per cent higher in Thursday's trade.

Post new comment

<form action="/comment/reply/96376" accept-charset="UTF-8" method="post" id="comment-form"> <div><div class="form-item" id="edit-name-wrapper"> <label for="edit-name">Your name: <span class="form-required" title="This field is required.">*</span></label> <input type="text" maxlength="60" name="name" id="edit-name" size="30" value="Reader" class="form-text required" /> </div> <div class="form-item" id="edit-mail-wrapper"> <label for="edit-mail">E-Mail Address: <span class="form-required" title="This field is required.">*</span></label> <input type="text" maxlength="64" name="mail" id="edit-mail" size="30" value="" class="form-text required" /> <div class="description">The content of this field is kept private and will not be shown publicly.</div> </div> <div class="form-item" id="edit-comment-wrapper"> <label for="edit-comment">Comment: <span class="form-required" title="This field is required.">*</span></label> <textarea cols="60" rows="15" name="comment" id="edit-comment" class="form-textarea resizable required"></textarea> </div> <fieldset class=" collapsible collapsed"><legend>Input format</legend><div class="form-item" id="edit-format-1-wrapper"> <label class="option" for="edit-format-1"><input type="radio" id="edit-format-1" name="format" value="1" class="form-radio" /> Filtered HTML</label> <div class="description"><ul class="tips"><li>Web page addresses and e-mail addresses turn into links automatically.</li><li>Allowed HTML tags: <a> <em> <strong> <cite> <code> <ul> <ol> <li> <dl> <dt> <dd></li><li>Lines and paragraphs break automatically.</li></ul></div> </div> <div class="form-item" id="edit-format-2-wrapper"> <label class="option" for="edit-format-2"><input type="radio" id="edit-format-2" name="format" value="2" checked="checked" class="form-radio" /> Full HTML</label> <div class="description"><ul class="tips"><li>Web page addresses and e-mail addresses turn into links automatically.</li><li>Lines and paragraphs break automatically.</li></ul></div> </div> </fieldset> <input type="hidden" name="form_build_id" id="form-a9373f570104cb2239a2c787f5db6d63" value="form-a9373f570104cb2239a2c787f5db6d63" /> <input type="hidden" name="form_id" id="edit-comment-form" value="comment_form" /> <fieldset class="captcha"><legend>CAPTCHA</legend><div class="description">This question is for testing whether you are a human visitor and to prevent automated spam submissions.</div><input type="hidden" name="captcha_sid" id="edit-captcha-sid" value="80749355" /> <input type="hidden" name="captcha_response" id="edit-captcha-response" value="NLPCaptcha" /> <div class="form-item"> <div id="nlpcaptcha_ajax_api_container"><script type="text/javascript"> var NLPOptions = {key:'c4823cf77a2526b0fba265e2af75c1b5'};</script><script type="text/javascript" src="http://call.nlpcaptcha.in/js/captcha.js" ></script></div> </div> </fieldset> <span class="btn-left"><span class="btn-right"><input type="submit" name="op" id="edit-submit" value="Save" class="form-submit" /></span></span> </div></form>