Tuesday, November 8 2005 11:23 Hrs (IST) - World Time -

Mumbai: The Bombay Stock Exchange Benchmark 30-share Index (sensex) continued its upward march during morning trading and was quoted 66 points up at 10.30 am on heavy Foreign Institutional Investors (FII) inflows in the first two days of November.

The sensex opened moderately higher at 8218.82 as against yesterday's (Nov 7, 2005) close of 8206.83 and later surged up to a high of 8274.93 before being quoted at 8272.33 at 10.30 am, up by 65.50 points over last close.

Investors have turned enthusiastic following heavy fund inflows from FIIs, which reported net investments of Rs 435 crore on November one (a brief moorat session) and two.

FIIs have been aggressive buyers in the Futures for the last couple of sessions, brokers said, adding, "They have pumped in over Rs 12.50 bn in the Futures in the first two days of the month to cover their short positions."

The market was well supported by sliding oil prices and attractive economic fundamentals. Global crude prices were quoted below $60 per barrel in Asian trade this morning.

Brokers expected the market to remain bullish in view of positive FII activity from the beginning of the month.