Mumbai: After an overnight brief pause, the sensex once again showed signs of upward journey by rising sharply during morning trading in line with a fresh stocks rally on the Stock Exchange here today (Nov 6) on heavy purchases by foreign funds.

The BSE Benchmark 30-share index that had fallen back by about 33 points yesterday (Nov 5), opened remarkably higher at 5080.05 and rallied past 5100-level to a high at 5118.08 before being quoted at 5114.32 at 10.30 AM (IST).

Reacting positively to hefty net investments of Rs 1107 crore by Foreign Institutional Investors (FIIs) in the first two sessions of the week, operators reportedly rushed to make fresh commitments even as retail investors and local financial institutions were seen booking profits, market sources said.

Blue chips like RIL, Satyam Computers, Infosys Tech, ACC, BHEL, Cipla, BSES, GACL, Grasim, HLL, Hindalco, HPCL, L&T, SBI, Tata Motor, Tisco and Zee Telefilms were quoted higher on fresh buying support.

However, Dr Reddy's Lab, HCL Tech and HDFC met with some resistance and showed marked falls.

Among the top gainers, Silverline were quoted up by 14.81 pc, Escorts by 12.09 pc, SCI by 7.53 pc, Jaiprakash by 7.25 pc, HFCL by 6.89 pc, Hind Zinc by 4.75 pc, HCL Info by 4.35 pc, and Moser Baer by 4.29 pc.

PTI