Mumbai, September 10: Continuing its winning streak for the fifth consecutive session, the Bombay Stock Exchange benchmark index Sensex surged by over 248 points in opening trade today on increased inflow of foreign funds triggered by firming trend in global markets.
The 30-share BSE Sensex rose by 248.87 points or 1.39 per cent to 16,432.42 points in opening trade, with realty, banking and metal sector stocks leading the rally. The BSE barometer had gained over 785 points in the past four sessions.
The wide-based National Stock Exchange index Nifty also shot up by 74.80 points or 1.25 per cent to 4,889.05.
Brokers said buying in domestic markets picked up momentum in tandem with firming global markets.
The major Sensex movers were Reliance Industries- up 0.70 per cent to Rs 2,184.60, ONG Corp up 0.70 per cent at Rs 1,1880, Reliance Infra up 1.41 per cent at Rs 1,207.
–PTI