Mumbai, Nov 16 (IANS) A key index of the Indian stock market made a significant upward jump shortly after the opening bell Monday.

The 30-share sensitive index of the Bombay Stock Exchange, the Sensex, opened in the green at 16,893.11 points. Within 15 minutes, at 10.04 a.m., it was above the psychologically-important 17,000 mark, reaching 17,016.31. That was 167.48 points or 0.99 percent above its previous close at 16,848.83 points.

Around the same time, the broader-based S&P CNX Nifty index of the National Stock Exchange was also well in the green at 5,046.15 points, 0.94 percent above its previous close at 4,998.95 points.