Sensex up 80 points in early trade

NEW DELHI: The BSE benchmark Sensex increased by 80 points in early trade, extending an upward streak for the third straight sesseion, after Reliance Industries and HCL Technologies posted encouraging fourth quarter earnings.

Besides, a firming trend in the global markets also buoyed the trading sentiment.

The 30-share index rose by 80.09 points to 18,825.02, with stocks of IT, technology, realty and consumer sectors leading the rise in early trade.

Similarly, the wide-based National Stock Exchange index Nifty rose by 30.45-points to 5,719.40.

A better trend in the Asian region, following overnight gains on US markets, following on the back of positive corporate earnings, further generated buying.