Mumbai: The benchmark BSE Sensex rose over 228 points in early trade today amid a firming global trend and hopes of a growth-oriented Budget.
Further, covering-up of short positions by speculators ahead of tomorrow's monthly expiry in the derivatives segment, supported the upside.
Rising for the second straight session, the 30-share barometer spurted by 228.67 points, or 0.79 percent, to 29,233.33.
The index had gained 29.55 points in yesterday's session.
All sectoral indices, led by oil & gas, metal, realty and banking were trading in positive zone with gains up to 1.03 percent.
Similarly, the National Stock Exchange index Nifty was trading above the 8,800-mark by gaining 60.10 points, or 0.69 percent, to 8,822.20.