Mumbai: The Bombay Stock Exchange benchmark Sensex rose by over 137 points in opening trade on the last day of the 2010-11 financial year on continued capital inflows from foreign funds and easing inflation concerns following a fall in oil prices.
The 30-share index, which has rallied by nearly 1,446 points in the past seven straight sessions, gained another 137.42 points, or 0.71 percent, to 19,427.60 points in opening trade, with interest-related, banking and realty stocks leading the rally.
The wide-based National Stock Exchange index Nifty also moved up by 38.05 points, or 0.65 percent, to 5,825.70 in opening trade.
Brokers said overnight gains in the US market and a firm trend on Asian bourses, coupled with a fall in oil prices that eased concerns of inflation and a hike in interest rates, mainly buoyed the trading sentiment.
The 30-share index, which has rallied by nearly 1,446 points in the past seven straight sessions, gained another 137.42 points, or 0.71 percent, to 19,427.60 points in opening trade, with interest-related, banking and realty stocks leading the rally.
The wide-based National Stock Exchange index Nifty also moved up by 38.05 points, or 0.65 percent, to 5,825.70 in opening trade.
Brokers said overnight gains in the US market and a firm trend on Asian bourses, coupled with a fall in oil prices that eased concerns of inflation and a hike in interest rates, mainly buoyed the trading sentiment.
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