Sensex up 456 points on strong global cues

Posted By: Pti
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Mumbai, Oct 28: The BSE Sensex was up 456 points in the early trade - after opening stronger by over 600 points - on buying in metal, auto, banking, realty and capital goods stock, amid bouyant Asian markets.

Equities surged globally as European leaders agreed on a deal to resolve the euro zone's 2-year old debt crisis, triggered by Greece. All the 13 sectoral indices on BSE were in the green.

The BSE benchmark Sensex resumed higher at 17,671.86 and shot up further to 17,908.13 before quoting at 17,744.57 at 1015hrs, showing a net gain of 455.74 points or 2.64 per cent from its last close.

The NSE 50-share Nifty also shot up by 136.95 points or 2.63 per cent to 5,338.75. Metal and mining shares jumped after LMEX, a gauge of six metals traded on the London Metal Exchange, jumped 4.76 per cent yesterday. Jindal Steel


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