Friday, December 2 2005 11:08 Hrs (IST) - World Time -

Mumbai: The Bombay Stock Exchange Benchmark 30-share Index (Sensex) opened with a wide gap of 66 points and later spurted to a new peak at 9057.97 during morning (Dec 02, 2005) trading on the back of sustained FII inflows coupled with heavy buying support from operators and retailers.

The Sensex opened sharply up at 9010.58 as against yesterday's close of 8944.78 and later rallied sharply to a high of 9057.97 before being quoted at 9034.09 at 10.30 am, up by 89.31 points over last close.

The market is driven by sustained FII inflows during the week, attracting operators and retailers to make enlarge their commitments in several key counters, brokers said.

Foreign Institutional Investors (FIIs) pumped in Rs 674 crore in the first three days of the week. They have made hefty net investments of Rs 4449 crore during November.

Operators and retail investors also were seen making purchases in many blue chip counters during early trade, brokers added.

Key counters like Infosys Technologies, ICICI Bank, SBI, Bharti Tele-Venture, HLL, L&T, Tata Steel, Tata Motors, Satyam Computers, ONGC, HDFC Bank, Grasim, Bajaj Auto and BHEL were quoted remarkably higher on fresh buying support.