The BSE benchmark Sensex surpassed 19,000 level in
early trade on Thursday by rising over 200 points on sustained buying by
participants as government is expected to announce further economic
reforms.
Rising for the fourth session in a row, the
30-share barometer added 200.48 points, or 1.06 per cent, to trade at
19,070.17. The index has gained nearly 300 points in the previous three
sessions.
The wide-based National Stock Exchange index Nifty, shot up by 60.35 points, or 1.05 per cent, to 5,791.60.
Brokers
said trading sentiment remained bullish on continued buying by funds
and retail investors on expectations that the government will accelerate
pace of economic reforms by raising FDI cap in insurance sector.
Besides, a firm trend in the Asian region also influenced sentiments, they said. In
Asian region, Hong Kong’s Hang Seng up by 0.21 per cent, while the
Japan’s Nikkei by 0.41 per cent in early trade on Thursday. Via
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