BSE Sensex regains 18K level, rising 209 points in early trade

The BSE benchmark index Sensex, today regained 18,000 points level by rising nearly 209 points in early trade on sustained buying by funds and retailers on better-than-expected quarterly earnings by corporates.

The 30-share index, which had gained almost 100 points in last two trading sessions, shot up by 208.76 points, or 1.17 percent, to trade at 18,057.33 with all sectoral indices, led by auto and realty, gaining up to 2.63 percent.

The wide-based Nifty of the National Stock Exchange moved up by 60.25 points, or 1.11 percent, to 5,476.30.

Brokers said besides encouraging quarterly corporate earnings, firming trend on other Asian bourses on expectations of a solution to Greece's debt worries boosted the trading sentiment.

Better-than-exepcted quarterly earnings by Tata Motors and other blue-chip companies and easing inflation were other positive factors, they said.

Tata Motors shot up by 6.68 percent to Rs 285.80.

In Asia, Hong Kong's Hang Seng Index rose by 0.09 percent and Japan's Nikkei Index by 1 percent in early trade.

The Dow Jones Industrial Average ended higher by 0.03 percent yesterday.

Sensex cautious ahead of US jobs data

The BSE Sensex eased early on today as investors took profits after a more than 3 percent rally over the past three days and weighed by caution in Asian markets ahead of the key US jobs data.

At early trade, the main 30-share BSE index was down 0.07 percent at 17,419.11, with 13 of its components in the negative territory.

The 50-share NSE index was down 0.19 percent at 5,260.05.

Brokers said continued buying by FIIs on the Indian bourses and encouraging quarterly earnings by some corporates mainly buoyed the trading sentiment but a weak trend on other Asian bourses, capped the gains here.

In Asia, Hong Kong's Hang Seng Index shed 0.19 percent and Japan's Nikkei Index by 0.10 percent in early trade today.