mumbai market kept its strong run going for the fourth straight session as the sensex ended about 287 points higher after investors created fresh long positions in the new june derivative series amid earnings traction and continued foreign inflows the nse nifty in the process reclaimed the 8100 level a higher opening in europe and a firm trend in asia acted as a catalyst for the week the sensex climbed 135170 points or 534 per cent while nse nifty surged 40695 points or 525 per cent for both the indices the jump is their biggest weekly gain since march 4 the june series derivative contracts was off to a better start which added to the confidence level refinery healthcare and realty stocks hogged the limelight the sensex opened strong and closed at 2665360 a gain of 28692 points or 109 per cent the barometer ended last above this level at 2665683 on october 30 last year the index had gained 113632 points in the previous three sessions at the close the 50share nse nifty was at 815665 up 87 points or 108 per cent brokers said fresh positions built up by participants including foreign funds following beginning of the june series in the derivatives segment helped trading sentiment improve sustained buying by foreign as well as domestic institutional investors supported the ongoing bull run bpcl added to the cheer which posted strong earnings for the march quarter its shares surged 912 per cent as the staterun oil marketing company beat q4 earnings estimate and announced a 11 bonus share issue other oil companies such as hpcl ioc and ril were in a sweet spot backed up by hopes of favourable corporate reports globally asian markets ended higher and a better opening in europe on growing optimism that the global economy can withstand higher us borrowing costs made investors more nimblefooted as many as 23 scrips out of the 30share sensex pack advanced sbi emerged as the top gainer by rising 642 per cent followed by sun pharma 583 per cent after the company yesterday said the umbrella pact and transaction agreements signed with daiichi sankyo and its overseas subsidiaries have been terminated due to divestment of ranbaxy by the japanese firm other major gainers were adani ports 365 per cent ril 275 per cent bajaj auto 249 per cent and hdfc 243 per cent the bse oil and gas index gained the most by surging 266 per cent followed by healthcare 242 per cent psu 165 per cent realty 151 per cent and banking 115 per cent midcap and smallcap too rose 139 per cent and 057 per cent respectively on increased buying by retail investors meanwhile foreign portfolio investors fpis bought shares worth a net rs 58129 crore yesterday as per provisional data pti published on may 27 2016 at 0916 pm ist telegram facebook copy link be the first one to comment comment now comments comment now read comment 1 all comments post post find this comment offensive