Sensex soars 142 points in opening trade

MUMBAI: Led by a rally in metal and oil and gas stocks, the Bombay Stock Exchange benchmark Sensex shot up by nearly 142 points in the opening trade today on strong capital inflows by foreign funds and firm Asian markets.

The 30-share index of the BSE, which had lost 94.72 points in the previous session, rose by 141.90 points, or 0.59 per cent, to 20,307.76 in the morning trade with all the sectoral indices trading in positive zone with gains up to 1.04 per cent.

Similarly, the wide-based National Stock Exchange regained 6,100 levels by rising 42.10 points, or 0.68 per cent, to 6,108.15.

Analysts said that increased inflows of overseas funds bolstered by strong quarterly earnings by corporate and a firm trend on the other Asian bourses led to the rise.

In the Asian region, the Hong Kong's Hang Seng index was up by 0.33 per cent, while Japanese Nikkei gained 0.10 per cent in the morning trade

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