Sensex gain continues

The raging war in the Middle East failed to pull down Indian stock markets on Saturday. The benchmark Sensex made a further headway rising by another 19 points in a brief two-hour session on the Bombay Stock Exchange, thanks to fresh purchases by foreign institutional investors FIIs and local operators. The S038;P CNX Nifty index of the National Stock Exchange also moved up by 6.60 points to 1037.15

With Saturday8217;s gain, Sensex has spurted by 107.70 points, or 3.55 per cent in the last six sessions. This is the largest gain by Sensex in the last 52 weeks. The special two-hour week-end trading was held by the nation8217;s two largest bourses 8212; the BSE and the NSE 8212; to test the back-up trading system of the NSE. Sensex closed at 3218.73 as against Friday8217;s close of 3200.15.