Zee Media Bureau
The benchmark BSE Sensex climbed by nearly 300 points in early trade Monday on the back of across-the-board buying by funds and retail investors on hopes that the reform measures in next week's Union Budget will boost the country's economic growth.
The BSE 30-share barometer, which had gained 37.25 points in Friday's session, rose 272.76 points, or 1.09 percent, to 25,372.68 after moving in range of 25,179.55- 25,381.11.
Similarly, the broad-based National Stock Exchange index Nifty gained 79.95 points, or 1.06 percent, to 7,588.75.
Brokers said besides a firming trend on other Asian bourses, increased buying by funds and retail investors on hopes of strong reform measures in the forthcoming Union Budget next week, buoyed the trading sentiments.
In the Asian region, Hong Kong's Hang Seng was up 0.22 percent, while Japan's Nikkei rose 0.13 percent in early trade today.
The US Dow Jones Industrial Average ended 0.03 percent higher in Friday's trade.
With agency inputs
