FOREX UPDATE

During the early trading session today, the broad-based Nifty crossed 4,800-points level for the first time in 15 months.

The 30-share index BSE Sensex also remained up and gained more than 122 points.

The markets gained on the back of increased inflow of foreign funds driven by strengthening trends in other Asian markets.

Previously, the Nifty posted 4,821.30 points on June 2 2008. It hit a 52-week high of 4743.75 on Monday (Sep 07, 2009).

The Sensex had gained around 617 points during the last two trading sessions.