AGENCIES
MUMBAI June 1
The Bombay Stock Exchange benchmark Sensex climbed to hit its nine-month high, rising over 281 points in early trade on Monday, with metal and realty stocks leading the rally, supported by firming global equity markets.
The 30-share index, which had gained nearly 1,040 points in the last three sessions, jumped 281.56 points, or 1.65%, to 14,906.81, a level last seen in September 2008.
Similarly, the wide-based National Stock Exchange index Nifty regained the 4,500-points level to quote 90.15 points higher at 4,539.10.
Stock brokers said series of positive factors, such as firming global markets, good GDP numbers and flow of funds into the domestic markets, mainly buoyed on the trading sentiment.
Reports that FIIs had invested over Rs 20,000 crore in the markets last month, also lifted spirits, they added.
Meanwhile, the Hong Kong's Hang Seng was up 2%, and Japan's Nikkei up 1.6% in early trade.
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