Tracking global trend, the benchmark Sensex sky-rocketed by over 616 points, inching closer towards the 20k mark, in early trade on the Bombay Stock Exchange on Monday on aggressive buying by funds ahead of the US Federal Reserve meeting.
The 30-share index, Sensex, shot up by 616.30 points at 19,859.47 in the first five minutes of trade and is on its way to capture another milestone.
Similarly, the wide-based National Stock Exchange's index Nifty spurted by 168.40 points at 5,870.70.
In Hong Kong the market index Hang Seng opened higher by 1.9 per cent on expectations that the US Federal Reserve will cut interest rates this week.
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