The BSE sensex gained 1.41% with all the sectoral indices trading in the positive zone between 0.12% and 2.18%Mumbai: Snapping a three-session losing streak, the BSE benchmark Sensex rose by over 135 points in the opening trade on Friday on expectations of further dip in the inflation rate and hope of more sops being announced by the government in the second economy stimulus package. The Bombay Stock Exchange (BSE) barometer, which had lost 531.19 points in the past three sessions, moved up by 135.30 points, or 1.41% to 9,704.02 in the opening trade with all the sectoral indices trading in the positive zone between 0.12% and 2.18%. The wide-based National Stock Exchange’s Nifty rose by 33.85 points, or 1.16%, at 2,950.70 points. Marketmen said trading sentiments turned better on hopes that the inflation rate might drop for the first week in a row and government might announce several measures in its second stimulus package to be announced soon, to revive the slowing economy. They said reports of firming trends on the Japanese stock markets with Nikkei rising by 0.86% in early trade too influenced the trading sentiment. Shares of Reliance Petroleum were in good demand and climbed Rs9.80, or 12.30% at Rs89.45 after the company commissioned an only-for-export refinery at Jamnagar in Gujarat. Over, 36.53 lakh shares exchanged hands in early trade. Other gainers which supported the Sensex were Reliance Industries, Reliance Infra, Rcom, State Bank of India, ICICI Bank, HDFC Bank, BHE, Bharti Airtel, ACC, Tata Steel, Tata Power, Tata Consultancy Services, Sterlite Industries, Larsen and Toubro and ONG Corp.

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