Sensex up by 114 points

Continuing its rising streak for the seventh straight session, the BSE Sensex rose 114 points and the NSE Nifty regained the 8,900-level in early trade ton Thursday.

The 30-share barometer spurted by 114.65 points, or 0.39 per cent, to trade at 29,434.91 with consumer durables, realty, auto, oil & gas and banking sector stocks, leading the rise.

The gauge had rallied by 1,092.84 points in previous six sessions.

Similarly, the National Stock Exchange index Nifty regained the 8,900-mark after three weeks by rising 32.60 points, or 0.36 per cent, to 8,901.70.

Sentiments remained upbeat as funds and retail investors indulged in enlarging positions on expectations that the forthcoming Budget may be growth-oriented, leading to acceleration in economic reforms by the government.

Major gainers that supported the key indices were Cipla, Maruti Suzuki, Bharti Airtel, Hero Motocorp, M&M, Tata Motors, Sun Pharma, Infosys, HDFC Ltd, ONGC, TCS, Tata Steel, RIL and Hindustan Unilever.

–PTI