Sensex surges by 386.03 pts

Mumbai, Nov 17: The equity market was seen strong for another day today, as BSE sensex shot up by 386.03 points to 33,492.85 in early trade as international rating agency Moody’s has upgraded India’s sovereign bond rating to Baa2 from Baa3 with a stable outlook.

The Nifty of National Stock Exchange (NSE) rose by 117.25 points to 10,332.All sectoral indices  were opened in green, as Finance and Realty stocks advanced by more than two per cent.

The sensex registered intra day high and low at 33,520.82 and 33,387.37 respectively. The Nifty recorded intra day high and low at 10,343.60 and  10,313.55. The gainers were Bharti Airtel by 3.08 pc to Rs 505, Tata Steel by 3.05 pc to Rs 707.60, Cipla by 2.99 pc to Rs 610.75 and HDFC by 2.92 pc to Rs 1712.50. The losers were Infosys by 1.68 pc to Rs 972, TCS by 0.68 pc to Rs 2727.95, Dr Reddy's Lab by 0.62 pc to Rs 2321 and Wipro by 0.13 pc to Rs 297.25. UNI