Mumbai, Sep 6: The benchmark BSE Sensex jumped over 311 points and the NSE Nifty reclaimed the key 8,900-mark for the first time since March last year at mid-session on Tuesday on across-the-board buying led by banking, auto and consumer durable stocks amid sustained foreign fund inflows.
Besides, a firming trend overseas after a slowdown in the US job creation dimmed expectations of an interest rate rise by the Fed this month, too accelerated buying activity in domestic equities.
The 30-share index after surging nearly 250 points higher in early trade, continued its winning run to trade 311.37 points or 1.09 per cent higher at 28,843.48. The gauge had gained 108.63 points in the previous session on Friday.
Besides, a firming trend overseas after a slowdown in the US job creation dimmed expectations of an interest rate rise by the Fed this month, too accelerated buying activity in domestic equities.
The 30-share index after surging nearly 250 points higher in early trade, continued its winning run to trade 311.37 points or 1.09 per cent higher at 28,843.48. The gauge had gained 108.63 points in the previous session on Friday.
