Sensex regains 27,000-mark, Nifty tops 8,300

Sensex surged over 151 points to breach the 27,000-level and Nifty hit the crucial 8,300-mark in opening trade following widespread gains as investors widened their bets amid a firming trend in Asian markets.

However, caution prevailed ahead of macroeconomic data and quarterly earnings from blue-chip companies.

The 30-share index, which gained 173.01 points in the previous session, added 151.01 points, or 0.56%, to 27,050.57 with all the sectoral indices led by metal, capital goods and bank leading the gains.

The NSE Nifty reclaimed the 8,300-mark by climbing 45.15 points, or 0.54%, at 8,333.75.

Brokers said a flurry of buying by retail investors and domestic institutional investors amid a firming trend at other Asian markets with commodities-linked shares leading gains boosted by China's strong inflation reading mainly influenced the sentiment.

Among other Asian markets, Hong Kong's Hang Seng was trading higher by 0.74%, while Nikkei surged by 0.36% in early trade.

Shanghai's Composite index, however, was marginally down. The US Dow Jones Industrial Average ended 0.16% down in Tuesday's trade.

Bombay Stock Exchange - BSE

National Stock Exchange of India Ltd (NSE)