Sensex surges 258 points; capital goods stocks gain

Mumbai: A benchmark index of Indian equities markets Friday surged 258.20 points or 0.95 percent as capital goods stocks gained.

Good buying was observed in capital goods, banking, auto, IT, metal and consumer durables sectors.

The 30-scrip Sensitive Index (Sensex) of the S&P Bombay Stock Exchange (BSE), which opened at 27,292.55 points, was trading at 27,384.77 points (at 09.28 a.m.) in the early session, up 258.20 points or 0.95 percent from the previous day's close at 27,126.57 points.

The Sensex has touched a high of 27,385.89 points and a low of 27,292.14 points in the trade so far.

The S&P capital goods index surged by 225.63 points, bankex gained by 220.59 points, auto index inched up by 215.09 points, IT index got augmented by 157.46 points, metal index moved up by 153.33 points and consumer durables index increased by 121.03 points.

The wider 50-scrip Nifty of the National Stock Exchange (NSE) was also trading 91.40 points or 1.12 percent up at 8,250.70 points.