Friday, August 4 2006 11:28 Hrs (IST) - World Time -

Mumbai: The Bombay Stock Exchange benchmark Sensex rose by 84 points in early trade today (Aug 4, 2006) on fresh buying in blue chip stocks by foreign and domestic funds.

The 30-share sensitive index, which had closed nearly 47 points higher yesterday, was up by 84.40 points at 11,007.56 in the first five minutes of trading.

Similarly, the National Stock Exchange index, Nifty, rose by 22.75 points at 3,212.75.

Stock brokers said reports that foreign funds were net buyers yesterday on the bourses and invested about Rs 228 crore, triggered fresh buying activity in index-related stocks.

The major gainers were Reliance Industries, BHEL, Infosys Technologies, Larsen and Toubro, Dr Reddy's, Bajaj Auto, HDFC, ACC, Bharti Tele, ITC, Tata Steel and Hero Honda.

However, banking sector stocks were in the negative zone on fresh selling after the Finance Ministry asked PSU banks to roll back the rate hike.

State Bank of India stocks fell by Rs 8.20 at Rs 821.90 while ICICI Bank lost Rs 4.25 at Rs 551.50.