Sensex extends gains, up in early trade on GDP data

December 01, 2015 09:56

Extending gains for the fourth straight day, the benchmark BSE Sensex rose over 91 points in early trade today on sustained buying by investors, driven by encouraging growth data for the September quarter and positive Asian cues.

Besides, further recovery in the rupee and widening of positions by participants ahead of the RBI's fifth bi-monthly monetary policy review, to be released later today, influenced the sentiment.

The 30-share index rose by another 91.45 points, or 0.34 per cent, to 26,237.12 with all the sectoral indices, led by metal, realty and IT, trading in positive zone with gain of up to 0.99 per cent.

The gauge had gained 369.92 points in the previous three sessions.

The NSE Nifty also moved up by 27.05 points, or 0.34 per cent, to 7,962.30.

Sentiments bolstered after India's GDP growth accelerated to 7.4 per cent in the July-September quarter from 7 per cent in the previous quarter, brokers said.

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