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Mumbai, May 10 (IANS) A benchmark index for Indian equities Monday extended its morning gains and in afternoon trade was ruling 2.59 percent higher than its previous close.The 30-scrip sensitive index (Sensex) of the Bombay Stock Exchange (BSE), which opened at 16,799.49 points, was ruling at 17,203.79 points, 434.68 points or 2.59 percent higher than its previous close at 16,769.11 points.At the National Stock Exchange (NSE), the broader 50-share S&P CNX Nifty was ruling at 5,156.9 points, a gain of 2.77 percent from its previous close at 5,018.05 points.Broader market indices were also in the positive with the BSE midcap index ruling 1.99 percent up and the BSE smallcap index trading 2.29 percent higher.Elsewhere in Asia and Europe, bourses put up a good show after a $1 trillion package was announced by the European Union to tide over the Greece debt crisis and to curb speculation on the status of some of the Euro zone economies.Hong Kong's Hang Seng closed 2.26 percent higher at 20,371.15 points, while the Chinese Shanghai Composite index ended 0.39 percent up at 2,698.76 points.The Japanese Nikkei shut shop 1.6 percent up at 10,530.7 points. The South Korean Kospi too was up 1.83 percent at 1,677.63 points.Europe started trade in the green with UK's key index FTSE 100 rising 3.34 percent to rule at 5,294.15 points.The French CAC 40 too was up 5.63 percent at 3,583.55 points and the German DAX was ruling 3.36 percent higher at 5,907.22 points.
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