Sensex above 17,500, banks lead


- dEsPeraTe cRaNky -
The Bombay Stock Exchange benchmark Sensex on Wednesday rose further over 111 points in early trade as funds remained net buyers in fundamentally strong shares amid a firming global trend.

The 30-share index, which gained 74.66 points in the previous session, added another 111.05 points to 17.523.88 points in the first five minutes of trading, largely supported by stocks in bank and technology shares.

The wide-based National Stock Exchange index Nifty gained 33.30 points to 5255.65 points at the same time.

The market remained firm in tandem with a higher trend in the Asian region, followed by overnight gain in the US market.