BSE Sensex 60 Points Up In Early Trade

Bombay Stock ExchangeThe BSE Sensex or Bombay Stock Exchange Sensitive Index, or more popularly SENSEX surged by over 60 points to scale yet another high of 15,106.25 points in early trade today on sustained buying by funds in heavy-weight stocks.

Closed at 15,045.73 gaining over 81 points yesterday, The BSE-30 share Sensex gathered another 60.52 points to rise to the record intra-session high of 15,106.73 in the first five minutes of trading.

Likewise, the wide-based National Stock Exchange's Nifty was up by 12.45 points to touch new intra-session high of 4431.85.

According to the Market observers, there are expectations of strong 1Q earnings from Infosys Technologies and other companies mainly buoyed the trading sentiments.

Lifting the Sensex, the index-related stocks that were in the positive zone with sizeable gains were State Bank of India, HDFC Bank, Maruti Udyog, Tata Motors, Larsen and Toubro and Grasim Industries. Shares of Ankit Metal and Power were listed at Rs 36.65 against the offered price of Rs 36.