The Bombay Stock Exchange benchmark index Sensex surged by 152 points in opening trade on Tuesday on emergence of buying by funds and retail investors amid firming trends in other Asian bourses.
The Bombay Stock Exchange benchmark index Sensex surged by 152 points in opening trade on Tuesday on emergence of buying by funds and retail investors amid firming trends in other Asian bourses.
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The 30-share BSE Sensex rose by 152.30 points or 0.97 per cent to 15,818.94 points in opening trade with IT and realty stocks leading the rally. The BSE barometer had lost 255.70 points or 1.6 per cent in yesterday's trade.
The wide-based National Stock Exchange index Nifty rose by 43.60 points or 0.93 per cent to 4,705.70 points.
Brokers said buying activity on the domestic markets picked up momentum largely on the back of firming trend at other Asian equity markets which were up by almost 0.5 per cent in the morning trade, buoyed by overnight gains on the US markets.
Stocks of state-run hydro power generator NHPC listed on the bourses with premium. NHPC stocks shot up by Rs 3.75 or 10.41 per cent to Rs 39.75.
Over 58 lakh shares changed hands in the BSE.
Other gainers were Reliance Industries by 1.14 per cent to Rs 2,027, Reliance Infra by 1.56 per cent to Rs 1,163.90, RCom by 1.71 per cent to Rs 264.95, DLF Ltd 2.05 per cent to Rs 432.90, Bharti Airtel by 1.95 per cent to Rs 433, Tata Steel by 1.54 per cent to Rs 430.85, Wipro by 1.13 per cent to Rs 557 and Larsen and Toubro by 1.17 per cent to Rs 1,586.
Automakers such as Maruti Suzuki gained 1.63 per cent to Rs 1,460, Mahindra and Mahindra up 1.41 per cent to Rs 872.15 and Hero Honda by 1.23 per cent to Rs 1,530 ahead of the release of monthly auto sales numbers.
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