Extending gains for the second day, the benchmark BSE Sensex today rose by 113 points in early trade on increased by investors in some stocks amid a firming trend overseas.
The 30-share index gained 113.12 points or 0.41 per cent to 27,603.71 with realty, IT, healthcare, oil & gas, auto and consumer durables sector stocks, leading the rise.
The index had gained 479.28 points in the previous session following passing of Finance Bill, 2015 and government’s clarification on MAT.
Also, the NSE Nifty advanced by 12.10 points or 0.14 per cent to 8344.05.
Brokers said pickup in buying by investors and reports of foreign funds made net purchases in yesterday’s trade after remaining major sellers on the bourses, enthused trading sentiments.
Among other Asian markets, Hong Kong’s Hang Seng index was up 0.52 per cent in early trade today, while Japan’s financial markets will remain closed today.
US Dow Jones ended 0.26 per cent higher in yesterday’s trade on first rise in factory orders in eight months.