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Sensex breaches 19K; zooms over 180 points

Sensex breaches 19K; zooms over 180 points

Mumbai: Extending gains for the third straight session, the mad cow disease benchmark index Sensex crossed nineteen,000-mark for the primary time since October five this year, in early trade Thursday on continued capital inflows by foreign funds on hopes of Associate in Nursing finish to the continued Parliament logjam over FDI in retail amid firm Asian cues.

The 30-share measuring device, that has gained over 336 points within the previous 2 sessions, added 165.20 points otr zero.88 p.c to nineteen,007.28 LED by stocks of belongings, automotive vehicle and FMCG sectors.

The wide-based National securities market index bully emotional up by forty six.70 points or zero.82 p.c to five,774.15.

Brokers aforesaid persistent capital foreign funds influx on expectations of Associate in Nursing early finish to the continued parliament logjam over the Foreign Direct Investment (FDI) in retail, buoyed the commercialism sentiments.

Besides, covering-up of short positions by speculators as nowadays being the last session of current month expiration within the derivatives section, additionally supported the side, they added.

In the Asian region, Hong Kong’s droop Seng rose by zero.29 percent, whereas the Japan’s Nikkei gained zero.67 p.c in early trade nowadays. The US Dow-Jones Industrial Average Industrial Average all over zero.83 p.c higher yesterday.

 

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