Sensex opens 135 PTS up, regains 20k level

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Old 06-Dec-2010
Sensex opens 135 PTS up, regains 20k level

Mumbai December 6:

The BSE benchmark Sensex opened 135 points up and touched the psychological 20,000 level in the early trade Monday, on fresh buying in metal, oil and gas, and IT sector stocks amid firming Asian cues.

The 30-share index of the Bombay Stock Exchange, which had lost 25.77 points in the previous session, rose by 135.00 points to 20,101.93 points in the opening trade. Similarly, the wide-based National Stock Exchange Nifty index moved up by 49.50 points or 0.82 percent to 6,042.30 points.

Brokers said fresh buying by funds, driven by firming trend at other Asian markets, drove the domestic gains. Hong Kong's Hang Seng Index was up by 1.00 percent, while Japan's Nikkei Index was almost flat in the morning trade. In the US, the Dow Jones Industrial Index ended 0.17 percent up on Friday.

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