Sensex extends gains ahead of GDP data

November 30, 2012 10:07 am | Updated November 17, 2021 04:19 am IST - Mumbai

The BSE benchmark Sensex rose for the fourth straight day on Friday on sustained buying by funds. File photo

The BSE benchmark Sensex rose for the fourth straight day on Friday on sustained buying by funds. File photo

The BSE benchmark Sensex rose for the fourth straight day by surging nearly 142 points in early trade on Friday on sustained buying by funds ahead of second quarter GDP data amid a firm trend in Asian regions.

The 30-share barometer, which had gained over 665 points in the three previous sessions, surged further by 141.86 points, or 0.74 per cent, to 19.312.77, with all sectoral indices led by banking and realty sectors stocks trading in positive zone with a gain up 0.91 per cent.

Similarly, the wide-based National Stock Exchange index Nifty traded higher by 35.75 points, or 0.61 per cent, to 5860.75.

Brokers said sustained buying by funds and retail investors amid a firm trend in the Asian region following overnight gains at the US market, mainly influenced the trading sentiment.

They said Goldman Sach upgrading equities also boosted the sentiment.

Meanwhile, in the Asian region, Hong Kong’s Hang Seng rose by 0.17 per cent, while the Japan’s Nikkei by 0.88 per cent in early trade on Friday.

The U.S. Dow Jones Industrial Average ended 0.28 per cent higher in Thursday’s trade.

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