Sensex surges on hectic buying; up 192 points

Mumbai: The benchmark S&P BSE Sensex surged 130.97 points in morning trade today on hectic buying in key heavyweights of oil & gas, auto, power and FMCG sectors on good FII inflows, encouraging Q4 earnings and firm Asian cues.

The 30-share index opened higher at 22,517.63 and surged to 22,676.91. It quoted at 22,657.92 points at 1005 hours, showing a sharp gain of 191.73 points, or 0.85 per cent, from its last close.