The BSE benchmark Sensex was trading in the positive terrain and was over 50 points in monring trade on Monday ahead of the interim Budget for 2014-15 amid easing inflation and a firming global trend.
At 10.34 am, Sensex was up 25.77 points at 20392.59. Similarly, Nifty was down 13.05 points at 6061.40 during the same time.
Brokers said fresh positions built-up by participants on expectations of some sops in the interim Budget for 2014-15 to be announced later in the day buoyed the trading sentiment.
Besides, easing inflation which fell to an eight-month low of 5.05 per cent in January and a firming trend in the Asian region, taking strong cues from Wall Street, further boosted the sentiment here, they said.
The 30-share barometer gained 102.92 points, or 0.50 per cent, to 20,469.74. The index had gained 173.47 points in the previous session on Friday.
All the sectoral indices, led by consumer durables and auto, were trading in the positive zone with gains up to 0.95 per cent.
Similarly, the National Stock Exchange Nifty moved up by 23.60 points, or 0.39 per cent, to 6,071.95.
Meanwhile, Hong Kong's Hang Seng index was up 0.79 per cent, while Japan's Nikkei gained 0.40 per cent in early trade on Monday.
The US Dow Jones Industrial Average ended 0.79 per cent higher on Friday.
With PTI inputs
At 10.34 am, Sensex was up 25.77 points at 20392.59. Similarly, Nifty was down 13.05 points at 6061.40 during the same time.
Brokers said fresh positions built-up by participants on expectations of some sops in the interim Budget for 2014-15 to be announced later in the day buoyed the trading sentiment.
Besides, easing inflation which fell to an eight-month low of 5.05 per cent in January and a firming trend in the Asian region, taking strong cues from Wall Street, further boosted the sentiment here, they said.
The 30-share barometer gained 102.92 points, or 0.50 per cent, to 20,469.74. The index had gained 173.47 points in the previous session on Friday.
All the sectoral indices, led by consumer durables and auto, were trading in the positive zone with gains up to 0.95 per cent.
Similarly, the National Stock Exchange Nifty moved up by 23.60 points, or 0.39 per cent, to 6,071.95.
Meanwhile, Hong Kong's Hang Seng index was up 0.79 per cent, while Japan's Nikkei gained 0.40 per cent in early trade on Monday.
The US Dow Jones Industrial Average ended 0.79 per cent higher on Friday.
With PTI inputs
Source: Hindi News
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