Stock markets open well on Thursday

February 02, 2012 09:58

Good morning and welcome to another day's Live! News As It Happens.

Thursday seems to have begun well on the stock markets. The BSE benchmark Sensex surged by nearly 172 points in early trade today on buying by funds and retail investors, driven by encouraging quarterly earnings by corporates and firming trend on the other Asian bourses.

The 30-share BSE index, which had gained over 437 points in the previous two sessions, rose by another 171.72 points, or 0.99 per cent, to 17,472.30, with all sectoral indices gaining up to 1.41 per cent.

The wide-based National Stock Exchange Nifty Index moved up by 44.75 points, or 0.85 per cent to 5,280.45 points.

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