Sensex extends rally

October 30, 2014 10:12 am | Updated May 23, 2016 06:31 pm IST - Mumbai

Brokers said reforms in construction and real estate sectors, announced by the government yesterday, also influenced trading sentiments.

Brokers said reforms in construction and real estate sectors, announced by the government yesterday, also influenced trading sentiments.

Continuing its winning streak for the third straight session, the benchmark BSE Sensex rose over 48 points and the NSE Nifty regained the 8,100-mark in early trade today on sustained buying in bluechip stocks amid a mixed trend in Asian markets.

Besides, covering-up of pending short positions by speculators on the last day of October series expiry in the derivatives segment, buoyed market sentiments.

The BSE 30-share barometer rose over 48.27 points, or 0.17 per cent, to 27,146.44. The NSE Nifty also maintained its rising trend and regained the 8,100-mark for the first time since September 23 by gaining 12.10 points, or 0.14 per cent, to trade at 8,102.55.

Brokers said reforms in construction and real estate sectors, announced by the government yesterday, also influenced trading sentiments.

Besides, a mixed trend in other Asian markets boosted the sentiment, they added.

Among other Asian markets, Japan’s Nikkei was up by 0.27 per cent, while Hong Kong’s Hang Seng shed 0.33 per cent in early trade today.

The US Dow Jones Industrial Average ended 0.18 per cent down in yesterday’s trade.

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