Sensex Rises 145 Pts in Early Trade on Fund Inflows

Published: 19th January 2015 10:06 AM  |   Last Updated: 19th January 2015 10:06 AM   |  A+A-


MUMBAI: The benchmark BSE Sensex today rose by over 145 points in early trade, extending its winning streak for the third straight session on sustained overseas fund inflows and better-than-expected quarterly earnings.

Besides, a mixed trend at other Asian markets influenced trading sentiments here.

The 30-share index rose by 145.92 points, or 0.52 per cent, to 28,267.81 points. The gauge had gained 775.07 points in the previous two sessions.

The wide-based Nifty of the National Stock Exchange moved up by 35.20 points, or 0.41 per cent, to 8,549.00.

Brokers said apart from heavy purchases made by foreign funds on the domestic bourses on Friday, encouraging corporate earnings and a mixed trend at other Asian markets on a strong pick-up in oil prices mainly buoyed trading sentiments.

Stocks of Wipro rose 6.87 per cent to Rs 593.40 after company's net profit rose 9 pc to Rs 2,192.8 crore in Q3.

Among Asian markets, Hong Kong's Hang Seng declined by 0.63 per cent, while Japan's Nikkei rose by 0.81 per cent in early trade today.

The Dow Jones Industrial Average ended 1.10 per cent higher on last Friday.

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