Source: Agencies21 Mar 2016 10:14:58
Mumbai, March 21: The benchmark BSE Sensex regained the 25,000-mark by surging over 145 points in early session today, mostly driven by widespread buying by investors as well as foreign funds amid firm Asian cues.
The 30-share index surged 145.45 points, or 0.58 per cent, to 25,098.19 points with all sectoral indices led by consumer durables, FMCG, banking and realty, trading in the positive zone, rising by up to 1.65 per cent.
The gauge gained 275.37 points in the previous session on Friday as foreign funds continued to pump in money amid a firm global trend on the dovish stance of the US Federal Reserve. On similar lines, the NSE Nifty was trading 34 points, or 0.44 per cent, higher at 7,638.35.
Brokers said continued buying by investors and inflows by foreign funds, coupled with a firm trend at other Asian markets, helped market mood improve.
Among other Asian markets, Hong Kong's Hang Seng was up by 0.26 per cent in early trade today while Japanese financial markets are closed for a public holiday.
The Shanghai Composite index was quoting 1.96 per cent higher in initial hours. The US Dow Jones Industrial Average ended 0.69 per cent higher in Friday's trade.