Sensex surges 623.18 pts in opening trade

Mumbai, Sep 8: The Bombay Stock Exchange (BSE) Sensex on Monday, Sep 8 breached 15K barrier to touch a high of 15,107.01, gaining 623.18 points, on strong buying interests across the sector.

Sensex opened with a positive gap of 594.41 at 14,978.24 and was trading well above 15K level in the mid-morning trade. Similarly, the broader-based Nifty index of National Stock Exchange (NSE) was 160 points up at 4,512 after resuming the day on strong note. Indian bourses pared strong gains after the 45-nation Nuclear Suppliers Group (NSG) yesterday gave its consent to the crucial Indo-US nuke deal.

The market breadth was strong on BSE. National Thermal Power Corporation surged 7.21 per cent to Rs 185.95 on 11.08 lakh shares.

It was the top gainer from Sensex pack. Bharat Heavy Electricals was up 6.60 pc to Rs 1,845, Reliance Infrastructure (up 6.38 pc) to Rs 1,079.95 and Larsen & Toubro (up 5.79 pc) to Rs 2,767.50.

Reliance Industries (RIL) gained 3.15 pc to Rs 2,145.20 on 1.56 lakh shares. Tata Motors rose 4.18 pc to Rs 437.50 on reports of stalemate over acquisition of land for the company's project at Singur ended yesterday.

ICICI Bank jumped 7.02 pc to Rs 735.40, HDFC was up five per cent to Rs 2,397 and Jaiprakash Associates was up 4.69 pc to Rs 175.35.

Foreign institutional investors (FIIs) were net equity sellers worth Rs 1,857 crore, while mutual funds purchased shares worth Rs 484.77 crore on September 5, according to provisional data on NSE.

FIIs were net sellers of Rs 949.97 crore in the futures and options segment on the same day. They were net sellers of index futures to the tune of Rs 632.74 crore and purchased index options worth Rs 345.37 crore. They were net sellers of stock futures to the tune of Rs 743.27 crore and bought stock options worth Rs 80.68 crore.

UNI