Mumbai: The benchmark opened on a promising note and rallied further in line with smart rise in select index-based scrips on the Bombay Stock Exchange (BSE) on September 5.

The BSE-30 share sensitive index resumed higher at 4,314.68 as against September 4 close of 4,310.51 and moved up further to a high of 4,346.95 before being quoted at 4,346.07 at 10.30 am (IST).

Software counters were in the forefront following positive advices from Wall Street where the Dow Jones Industrial Average and the tech-heavy NASDAQ Composite Index rallied further by 19.44 points and 16.07 points on September 4 night respectively.

From index family, Infosys Tech, Satyam Computer, RIL, BSES, BHEL, Grasim, HDFC, Hindalco, ITC, L&T, MTNL, SBI, Telco and Tisco were quoted remarkably higher.

Foreign Institutional Investors (FIIs), who were net buyers worth Rs 675 crore on the first three days of the week, picked up some of the index-based counters.

Select pharma shares continued their upward march on sustained buying support.

Among major gainers, Moser Baer rose by 5.95 per cent, Bharat Forge by 5.95 per cent, Lupin by 4.57 per cent, Aurobindo Pharma by 4.22 per cent, Torrent Pharma by 4.09 per cent, Mphasis BFL by 4.00 per cent, HCL Info by 3.99 per cent, Tata Telecom by 3.42 per cent and HMT by 3.24 per cent.

However, HPCL declined by 3.07 per cent, Pidilite by 2.64 per cent, Kotak Mahindra by 2.14 per cent, ICI by 1.89 per cent and Cipla by 1.61 per cent.

PTI