Mumbai, April 06: Continuing its winning-streak for the third straight session, the Bombay Stock Exchange Tuesday shot up by another 53 points in early trade on increased capital inflows by foreign funds amid hopes of strong fourth quarter corporate earnings.
The Sensex, which had gained over 407 points in the last two sessions, added 53.21 points, or 0.29 percent, to 17,988.89, the highest level since February 2008.
Similarly, the wide-based National Stock Exchange Nifty index rose by 20.25 points, or 0.37 percent, to 5,388.65.
Overnight gains in the US market on positive data mainly buoyed trading sentiment here, brokers said.
Besides, expectations of good Q4 earnings of blue-chip companies, also supported the uptrend in the stock prices, they added.
Reliance Industries remained in the limelight and gathered another 2.50 percent to Rs 1,121, while Reliance Infra spurted by 5.30 per cent to Rs 1,069.50 on sustained buying activity.
Among other gainers, Tata Power was up by 3.14 percent to Rs 1,397.85, Tata Steel 3.49 percent to Rs 675, DLF Ltd 4.13 percent to Rs 324, Hero Honda 4.73 percent to Rs 2,040, Maruti Suzuki 0.47 percent to Rs 1,397.20, Mahindra and Mahindra 2.02 percent to Rs 544.60 and ICICI Bank by 4.09 percent to Rs 992.
The US Dow Jones Industrial Average ended 0.42 percent higher in yesterday’s trading.
—–PTI