Mumbai, Nov 3: The Bombay Stock Exchange’s Sensex on Monday regained 10,000-points mark and surged by 544 points in early trade on heavy buying by funds as well as retailers.
The regain of 10,000-points mark was sparked by Reserve Bank of India’s (RBI) announcement of fresh set of measures to infuse more liquidity into the financial system.
The 30-share Sensex, which gained almost 1,200 points in the past three sessions, shot up by another 544 points at 10,332.06 on renewed buying in the stocks of banking, capital goods, metals and oil and gas sectors.
Indian equities started the week negatively tracking hopeless global cues and heavy selling action witnessed by FIIs as well as retail investors.
The Sensex touched the 8,000 mark, while the Nifty embraced the 2,300 level during intra-day. Afterward, it recovered some lost ground on account of short covering and buying by domestic institutional investors.
The Bombay Stock Exchange (BSE) on Tuesday celebrated Diwali at evening when the index posted a sharp 547-point gain taking back some eagerness among investors after five days of decline.