Friday, May 26 2006 12:09 Hrs (IST) - World Time -

Mumbai: Continuing with its upward trend, the benchmark index today again crossed the 11,000 points mark in first 45 minutes of trading on the Bombay Stock Exchange, largely on the back of sustained buying by foreign as well as domestic financial institutions.

The BSE 30-share index, which had closed nearly 93 points higher yesterday, shot up by another 366.77 points to trade at 11,033.09 points at 1045 hrs.

Similarly, the Nifty index on the wide-based National Stock Exchange was up 94.60 points at 3272.30.

Stock brokers said firming global trends and reports that foreign institutional investors were net buyers on the bourses yesterday mainly influenced the trading sentiments today.

The beginning of the new June contract in F&O segment also lent support to the positive sentiment.

Engineering major Larsen and Toubro's stocks shot up by Rs 179.75 to Rs 2,475 after reports that company would consider issuing bonus shares early next month.

Other major supporters to the market were Reliance Industries, Tata Motors, Tata Steel, Infosys Technologies, HDFC, Bajaj Auto, BHEL, Grasim, ONGC, Dr Reddy's Lab, State Bank of India, Hero Honda and ACC.