Mumbai, July 17: The Bombay Stock Exchange benchmark Sensex on Friday rose over 211 points in opening trade on increased capital inflows by funds on the back of encouraging quarterly results by domestic blue-chip companies and firming trends overseas.
The 30-share index rose 211.53 points, or 1.48 per cent at 14,461.78 points riding on rally in auto, PSUs and realty sector stocks. Yesterday, it closed marginally down by 2.99 points.
The wide-based National Stock Exchange index Nifty moved up by 65.00 points to 4,296.40 points.
Stock brokers said encouraging first quarter profits posted by some blue-chip companies and early signs of economic recovery mainly buoyed the trading sentiments, triggering capital inflows by foreign funds.
They said reports of firming trends in global markets following upbeat earnings by US firms also boosted the trading sentiments.
Among major gainers, Reliance Industries moved up by 0.40 percent to Rs 1,924.10, Reliance Infra by 3.02 percent to Rs 1,092.50, Mahindra and Mahindra by 3.55 percent to Rs 746.05, Larsen and Toubro by 1.45 percent to Rs 1,398, Infosys by 1.72 percent to Rs 1,826, ICICI Bank by 2.88 percent to Rs 715.05 and DLF Ltd by 2.13 percent to Rs 323.70.
Stocks of Tata Consultancy Services were up by 0.78 percent at Rs 423.75 ahead of quarterly results to be announced later today.
The Dow Jones Industrial Average had closed 1.1 percent higher yesterday, while Japan’s Nikkei was up by 0.70 percent and Hong Kong’s Hang seng Index gained 1.35 percent in the morning trade today.
–Agencies