BSE Sensex gains in morning trade on GDP data

 BSE Sensex gains in morning trade on GDP data
The BSE benchmark Sensex continued its rising streak for the third straight day on Monday and was trading over 50 points up in morning trade on sustained buying by funds as the economy grew by a higher-than-expected 4.8 per cent in the September quarter amid a mixed trend at other Asian bourses.

At 10.06 am, Sensex was up 68.41 points at 20860.34. Similarly, Nifty was up 24.60 points at 6200.70 during the same time.

Brokers said sentiments buoyed after the economy grew by 4.8 per cent in the September quarter on an uptick in agriculture and factory output and a mixed trend in the Asian region.

The 30-share barometer surged 70.67 points, or 0.34 per cent, to 20,862.60 in early trade. The index had gained nearly 372 points in the previous two sessions.

Stocks of banking, realty, capital goods and healthcare sectors led the rally.

On similar lines, the National Stock Exchange index Nifty moved up by 24.55 points, or 0.40 per cent, to 6,200.65.

Among other Asian markets, Hong Kong's Hang Seng index rose by 0.23 per cent, while Japan's Nikkei shed 0.12 per cent in early trade on Monday.