Sensex Extends Gains, Surges by 111 Points in Early Trade


Sensex Extends Gains, Surges by 111 Points in Early Trade

Mumbai: The BSE benchmark Sensex extended gains for the second straight day by surging nearly 111 points in early trade on November 27 on sustained buying by funds amid a firming trend in the Asian region.

The 30-share barometer which gained 30.44 points in the November 26 trade, spurted by 110.98 points, or 0.60 percent, to 18,647.99.

Similarly, the wide-based National Stock Exchange index, Nifty moved up by 30.70 points, or 0.54 percent, to 5,666.60.

All sectoral indices led by metal and capital goods, traded in the positive zone with gains up to 0.85 percent.

Brokers said continued buying by funds amid a firming trend in the Asian region after euro zone ministers and the IMF agreed to unlock 43.7 million euros (USD 56 billion) in loans to Greece and grant significant debt relief for decades to come, mainly influenced the trading sentiments.

In the Asian region, Hong Kong's Hang Seng index rose 0.41 percent, while Japan's Nikkei up 0.38 percent in early trade on November 26.

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Source: PTI