Mumbai, Sep 8 : The Nifty of the National Stock Exchange (NSE) crossed 4,800-points level for the first time in almost 15 months during the early trade on Tuesday.

The Sensex of the Bombay Stock Exchange (BSE also surged by over 122 points in opening trade on Tuesday.

The good trend in the market are said to be due to the increased inflow of foreign funds driven by firming trends in other Asian markets.

Earlier, the Nifty, registered 4,821.30 points on June 2 2008. On Monday the NIFTY touched a 52-week high of 4743.75.

The BSE barometer had rallied almost 617 points in the past two trading sessions.

Reliance Industries, Larsen and Toubro, BHEL, Tata Steel, Hero Honda Motors and State Bank of India are leading gainers of the market surge. (ANI)