Sensex gains 62 pts on buying by funds

Mumbai, Sep 7 (PTI) The Bombay Stock Exchange benchmark
Sensex Tuesday gained 62 points in early trade on continued
capital inflows by foreign funds.
The 30-share index rose by 62.16 points, or 0.33 per
cent, to to 18,622.21 points. The index had gained 338.62
points, or 1.86 per cent, in the previous session.
All the sectoral indices were trading in the positive
zone with gains up to 0.51 per cent.
The wide-based National Stock Exchange index Nifty moved
up by 14.45 points, or 0.25 per cent, to 5,591.40 points.
Brokers said sentiments remained bullish on the back of
steady capital inflows into equities by foreign funds.
Besides, a rise in direct tax collections, which shot up
by 13.91 per cent to Rs 1,00,112 crore in the first five
months of the 2010-11, also buoyed the trading sentiments.
Meanwhile, the Japanese Nikkei was down by 0.23 per cent
while the Hong Kong's Hang Seng Index shed 0.16 per cent in
morning trade. PTI