Sensex rises 142 points; Nifty fails to regain 8,900-mark

Continuing its rising streak for the seventh straight session, the BSE Sensex rose by 142.01 points Thursday as participants indulged in enlarging positions ahead of Budget.

Zee Media Bureau

Continuing its rising streak for the seventh straight session, the BSE Sensex rose by 142.01 points Thursday as participants indulged in enlarging positions ahead of Budget.

The 30-share barometer spurted by 142.01 points, or 0.48 percent, to trade at 29,462.27 with consumer durables, realty, auto, oil & gas and banking sector stocks, leading the rise.

The gauge had rallied by 1,092.84 points in previous six sessions.

Similarly, the National Stock Exchange index Nifty gained by 26.20 points or 0.30 percent to 8,895.30.

Sentiments remained upbeat as funds and retail investors indulged in enlarging positions on expectations that the forthcoming Budget may be growth-oriented, leading to acceleration in economic reforms by the government.

Besides, a better trend at other Asian markets after relatively upbeat Japanese trade data and cautious optimism over a solution to the Greek debt standoff, influenced sentiment, they said.

The US Dow Jones Industrial Average ended 0.10 percent lower in yesterday's trade.

With agency inputs

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