Sensex Surges 79.7 Pts In Morning Trade

Sensex Surges 79.7 Pts In Morning TradeIndian bourses continued their positive trend for the third consecutive day today.

The 30-share sensitive index (Sensex) of the Bombay Stock Exchange (BSE), which belled the day at 20,412.76, gained 79.7 points (0.39%) at 20,468.77 as against its last closure at 20,389.07 points.

At the National Stock Exchange (NSE), the broad-based Nifty remained up by 0.32% to trade at 6,121.6.

Broader markets also remained in the green zone, with the BSE midcap index trading 0.61% higher and the BSE smallcap index ruling 0.65% up.

Ignoring spike in food inflation and weakness in worldwide markets, the 30-share index Sensex gained 133 points on Thursday on account of value buying in blue chips including Infosys and HDFC.

Finally, the Bombay Stock Exchange barometer Sensex shut its shop at 20, 389.07 after making a smart gain of 133.04 points.

In the same way, buying activity in the real estate and the information technology scrps lifted the Nifty to mark its closure at 6,101.85 after gaining 41.50 points.

Marketmen stated that investors purchased scrips with sturdy fundamentals and showed hopefulness as they carried over their positions in the derivative segment on the settlement day.