Mumbai: Fresh buying by funds and retail investors boosted by firming global trends the opening trade; Sensex was up by 300 points.
The 30-share BSE barometer rose by 300.76 points, or 1.87 per cent, to 16,353.48 points. The National Stock Exchange index Nifty surged by 101.15 points, or 2.06 per cent to 4,851.70 points.
Brokers said sentiments on the domestic bourses turned better following firming trends on the global markets as the GDP data showing the US economy returned to growth in the third quarter, first time in more than a year.
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