Friday, July 28 2006 11:51 Hrs (IST) - World Time -

Mumbai: In choppy trade, the benchmark index Sensex rose by over 46 points in early trade on the Bombay Stock Exchange today (July 28, 2006) on sustained buying by foreign as well as domestic funds in index-related blue-chip stocks.

The BSE 30-share index, which had closed 124.32 points higher yesterday, gained another 46.06 points at 10,787.65 in the first first five minutes of trading.

Similarly, the National Stock Exchange index, Nifty, was up by 12.35 points at 3168.50 after dipping to 3131.30.

Stock brokers said firm Asian markets and steady inflow of better-than-expected quarterly results by most of the companies buoyed the trading sentiments.

In the pharma segment, Dr Reddy Laboratories influenced by excellent working results evoked massive buying support from funds and retail investors and posted Rs 82.60 higher at Rs 1449.70.

Other gainers were Ranbaxy, Cipla, BHEL, Guajrat Ambuja Cement, ITC and Hindustan Lever.