Maintaining its upward march for the fifth session in a row, the Bombay Stock Exchange benchmark Sensex on Wednesday advanced further by over 133 points on buying by foreign funds and retail investors, taking cues from firming trends in the global markets.
The Sensex moved up by 133.79 points, or 1.30 per cent at 10,469.72 in early trade with all the sectoral indices trading in positive zone with gains up to 1.87 per cent.
Similarly, the broader National Stock Exchange index Nifty, rose by 34.40 points at 3,147.20 points.
The 30-share barometer climbed nearly 690 points in the last four straight trading sessions in the new year.
Stock brokers said sentiments were largely bullish on a slew of measures announced by the government in its second stimulus package on January 2 followed by cuts in key rates by the Reserve Bank of India last week.
They said reports that foreign funds were major buyers on the Indian bourses during the first three days of the new year also had positive impact.
Metal stocks continued their upward march largely in tandem with firming trend in base metal prices on the London Metal Exchange.
Among metal stocks, steel giant, Tata Steel rose by Rs 7.45, or 3.02 per cent at Rs 254.20, while Sterlite Industries moved up by Rs 18.20, or 5.77 per cent at Rs 333.80.
