Monday, February 27 2006 11:24 Hrs (IST) - World Time -

Mumbai: The Bombay Stock Exchange Benchmark 30-share Index once again turned strong after Friday's modest downward correction and was quoted up by 70 points during morning trading on the back of sustained FII inflows.

Buoyed by projections of robust economic growth in the current fiscal, the bourses continued to attract investors' interest at the prevailing higher price levels on expectations of positive union budget to be presented on February 28.

The sensex opened firm at 10,214.58 against Friday's close of 10,200.76 and later rallied sharply in early trade to a high of 10,280.73 before being quoted at 10,270.84 at 10:30 am up by 70.08 points over previous close.

Foreign Institutional Investors (FIIs) remained the main driving force behind the market with net investments of Rs 1,890 crore in the first four sessions of last week.

The market is likely to remain bullish as the economic fundamentals are very strong, brokers said.