Sensex climbs 335.70 in the opening trade

Mumbai, Jul 7: Sensex of Bombay Stock Exchange today gained 335.70 points to 13,789.70 in early trade as the political uncertainty reportedly subdued on the hope that Samajwadi Party may support the government at center.

After opening the day on positive note, the benchmark index was trading with a positive gap of 300 points near the level of 13,750 and was having less movement in the mid-morning trading session. The broader-based S &P CNX Nifty index of National Stock Exchange was up 92.75 points at 4,016. The key benchmark indices in China, Hong Kong, Japan, Singapore, South Korea and Taiwan were up by 0.18 per cent to 3.98 per cent. The BSE Mid-Cap index was up 2.29 per cent at 5,399.06, while the Small-Cap index was up 2.22 per cent at 6,593.01.

Reliance Industries rose nearly one per cent at Rs 2,118.80, Infosys Technologies rose by 3.17 per cent at Rs 1,810, ICICI Bank rose 3.04 per cent at Rs 618.90, Reliance Infrastructure 7.30 per cent at Rs 830, Jaiprakash Associates was up by 6.26 per cent at Rs 162.90, Bharat Heavy Electricals up by 4.78 per cent at Rs 1,572, DLF down by 3.82 per cent at Rs 430, Larsen &Toubro down 3.37 per cent at Rs 2,458.25 and State Bank of India up 3.15 per cent at Rs 1,163, were the key gainers from the Sensex pack.

As per provisional data, foreign funds bought shares worth a net Rs 372.35 crore, while domestic mutual funds sold shares worth a net Rs 97.02 crore in the previous session.

Foreign Institutional Investors (FIIs) were net buyers of Rs 120.10 crore in the futures and options segment on the same day. They were net sellers of index futures to the tune of Rs 215.54 crore and bought index options worth Rs 99.23 crore. They were net buyers of stock futures to the tune of Rs 221.21 crore and purchased stock options worth Rs 15.20 crore.

UNI