Sensex advances further by 93 points in early trade

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Press Trust of India Mumbai
Last Updated : Apr 21 2014 | 11:02 AM IST
The benchmark BSE Sensex firmed up further by 93 points in morning trade on persistent buying in refinery, banking, power and capital goods sector stocks on the back of fresh foreign capital inflows into equity market.
Foreign institutional investors (FIIs) bought shares worth a net Rs 433.40 crore on last Thursday, as per provisional data from the stock exchanges.
The market may remain volatile this week in view of expiry of futures and options April contract on Wednesday. The stock market will remain closed on Thursday, April 24, on account of Parliamentary elections in Mumbai constituency.
The Sensex resumed higher at 22,644.75 and firmed up further to 22,726.86 before quoting at 22,722.08 at 1000 hrs, showing a gain of 93.24 points, or 0.41 per cent, from its last weekend's level.
The NSE 50-share Nifty also moved up by 24.50 points, or 0.36 per cent, to 6,803.90 at 1000 hrs.
Major gainers were BHEL (1.49 per cent), Hindalco (1.42 per cent), SSLT (1.40 per cent), SBI (1.34 per cent), Larsen (1.33 per cent), Bharti Airtel (1.02 per cent) and Axis Bank (1.00 per cent).
Other Asian markets edged higher in their early trade today.
Key benchmark indices in China, Singapore, Japan and Indonesia rose by 0.01-0.63 per cent while indices in South Korea and Taiwan fell by 0.08-0.35 per cent.
Markets in Hong Kong, Australia and New Zealand are closed today for Easter holiday.
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First Published: Apr 21 2014 | 11:02 AM IST

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