For the ninth straight session, the benchmark Sensex maintained its upward rally by gaining more than 115 points in the early trading on the BSE today on funds buying.

The 30-share Sensex added another 115.46 points to 15,580.86 in first five minutes of trading as fund continued buying in heavy-weight stock.

Likewise, the wide-based NSE’s Nifty ascended by 28.25 points at 4507.50.

Mumbai: The benchmark Sensex climbed up after gaining more than 200 points on the BSE in early trade on growth of funds buying, actuated by tautening worldwide trend.

In first five minutes of trading, the BSE-share index rise dramatically by 207.77 points at 15, 200.81 on brisk buying by funds in blue chip shares.

Likewise, the wide-base National Stock Exchange’s Nifty also gained 51.05 points to touch 4410.35.

The purchase of Corus assisted the world’s sixth biggest steel maker, Tata Steel, to record a six-fold jump in its consolidated profit after tax (PAT) at Rs 6,388 crore for its first quarter.

Tata Steel registered a consolidated profit after tax (PAT) of Rs 1,014 crore in the corresponding period of the last year (2006). The current figures showed a growth of 6.30 times, following the acquirement of Corus.