Mumbai, November 23
Equity benchmark Sensex rallied over 300 points in opening trade on Monday, tracking gains in index-heavyweights Reliance Industries, HDFC Bank and Infosys amid largely positive cues from global markets and sustained foreign fund inflow.
After touching a lifetime intra-day high of 44,271.15, the 30-share BSE index was trading 309.36 points or 0.70 per cent higher at 44,191.61 in the opening session.
Similarly, the broader NSE Nifty rose 83.85 points or 0.65 per cent to 12,942.90.
IndusInd Bank was the top gainer in the Sensex pack, surging around 5 per cent, followed by Bajaj Fiserv, Bajaj Finance, Reliance Industries, ONGC, NTPC and Tata Steel.
On the other hand, HDFC, Asian Paints, ITC and Bharti Airtel were among the laggards.
In the previous session, Sensex ended 282.29 points or 0.65 per cent higher at 43,882.25, while the Nifty rose 87.35 points or 0.68 per cent to close at 12,859.05.
Foreign institutional investors remained net buyers in the capital market as they purchased shares worth Rs 3,860.78 crore on Friday, according to provisional exchange data.
-Nav Gill/ Agency