Sensex Up 277 Points In Early Trade

The Bombay Stock Exchange benchmark Sensex gained 277 points in early trade on Wednesday on heavy buying by funds, tracking the global trend.

The 30-share index, which moved up by 156 points on Tuesday, added another 277 to 18,083.63 points in the first five minutes of trade.

Wide-based C&X Nifty of the National Stock Exchange rose by 82.10 points to 5,352.90 points as most of the heavy weights gained substantial ground.

Report of a rising trend in the US and Asian stock Markets fuelled the surge to some extent.

Global Sentiment Lifts Stocks; Sensex Up 280 pts

MUMBAI: The market opened higher Wednesday tracking advances in stocks overseas after investment guru Warren Buffet offered to reinsure $800 million of municipal bonds from troubled insurers. At 10 am, the Bombay Stock Exchange's Sensex was up 280 points or 1.68 per cent at 16,887.76.

National Stock Exchange's Nifty was up 58 points or 1.2 per cent at 4896.20. "I don't think there is much down side left. Nifty rose to a high of 5545 on February 4, making a recovery of 1100 points after hitting 4448 on January 22. Even if it moves lower, 4700 should provide the necessary support," said Vasant Joshi, technical and derivatives analyst at Religare Securities.

Market Fall Continues, Sensex Slips Over 692 Points

MUMBAI: The Bombay Stock Exchange benchmark, Sensex which opened on a weak note this morning, slipped by over 690 points on heavy selling by funds amid nervous offloading by general investors.

The 30-share index, Sensex, which had fallen 489 points in early morning trade, tumbled 692.37 points to 18,321.33 in the first 30 minutes of trade.

Similarly, the National Stock exchange Nifty dropped by 208.05 points to 5,497.25 at 10 30 am today.