Sensex regains 28K level, climbs 177 pts in early trade

Mumbai, Aug 30 (PTI) Market benchmark Sensex extendedgains for the second straight session to reclaim the28,000-mark by surging over 177 points in early trade today,tracking gains on Wall Street and other Asian bourses. The BSE 30-share barometer, which had gained 120.41points in yesterday’s trade, advanced by 176.95 points, or0.63 per cent, to 28,079.61. All sectoral indices led by auto, oil&gas and healthcarestocks were trading in the green, gaining up to 0.95 per cent. Also, the NSE Nifty climbed 51.25 points, or 0.59 percent, to 8,658.70. Brokers said sustained buying by investors coupled withfresh round of buying by foreign as well as domestic financialinstitutions had a positive impact. A firm trend at other Asian bourses following a stronglead from Wall Street too influenced sentiment, they added. Japan’s Nikkei was up 0.03 per cent while Singapore rose0.16 per cent in early trade today. Hong Kong’s Hang Seng up0.68 per cent and Shanghai Composite gained 0.04 per cent. The US Dow Jones Industrial Average ended 0.58 per centhigher yesterday. PTI SUN DPMKJ