In early trade today, benchmark BSE Sensex rallied over 227 points on buying in FMCG, banking and IT stock.
However, in the previous session, 30-share index surged 227.44 points, or 0.75 per cent, to 30,692.36 points.
According to the brokers, " Trading sentiment got a boost after the defence ministry last week broadly finalised a policy under which select private firms will be roped in to build military platforms like submarines and fighter jets in India in partnership with foreign entities."
Also Read:
Prakash Gaba says stiff resistance for Nifty at 9530
On early trade, Indian currency gains 15 paisa
Ajay Manglunia:10-year benchmark yield to trade in 6.67-6.72% range