Mumbai: The BSE benchmark Sensex shot up by over 187 points in the opening trade on Monday to the highest in nearly 33 months, on the back of strong FII inflows and firm Asian markets.
The 30-share index of the Bombay Stock Exchange surged by 187.76 points to 20,632.80 in the opening trade, following spurt in auto, metals, and oil and gas sector stocks. Besides, all the sectoral indices were trading in green, with gains up to 1.30 per cent.
Similarly, the wide-based National Stock Exchange gained by 58.20 points to cross 6,200 points level at 6,201.60, a level visible in January 2008.
Analysts said sustained inflows of overseas funds bolstered by a fast expanding economy, helped indices to touch the 33-month high.