Sensex opens 294 pts up on impressive Q2 earnings

Mumbai, Nov 1 (PTI) The Bombay Stock Exchange benchmark
Sensex Sunday opened higher by 294 points after rally in metal
and oil & gas stocks, especially Reliance Industries.
The 30-share index rose by 294.07 points or 1.46 per
cent to 20,326.41 points. The Sensex had gained 91.30 points
in the previous session.
The wide-based National Stock Exchange index Nifty moved
up by 79.75 points, or 0.1.32 per cent, to 6,097.45 points.
Analysts said that trading sentiment turned better after
Mukesh Ambani-led Reliance Industries reported a 27.80 per
cent growth in its consolidated net profit at Rs 4,923 crore
for the second quarter ended September 30, 2010.
Stocks of Reliance Industries shot up by nearly 2.5 per
cent to Rs 1,125.
Meanwhile, in other markets in Asia, the Hong Kong's
Hang Seng index was up by 2.08 per cent, while the Japan's
Nikkei shed 0.18 per cent in the morning trade Sunday. PTI SUN
PBL


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