Sensex opens 127 pts higher
The Sensex gained nearly 127 points in opening trade on the Bombay Stock Exchange today as investors targeted fundamentally strong stocks available at attractive prices.business Updated: Feb 07, 2011 09:56 IST
The Sensex gained nearly 127 points in opening trade on the Bombay Stock Exchange (BSE) on Monday as investors targeted fundamentally strong stocks available at attractive prices.
The 30-share BSE index rose by 126.87 points to 18,135.02 in early trade on Monday after shedding 441.16 points in the previous session on Friday.
Similarly, the broad-based National Stock Exchange Nifty index also moved up by 35.75 points to 5,431.50 points.
Brokers said the investor sentiment was boosted by fresh buying on the back of firming global trend.
In particular, IT and refinery sectors available at attractive lower levels garnered a lot of investor interest.
Meanwhile, Japan's Nikkei index rose by 0.69% in early trade on Monday. In the US, the Dow Jones Industrial Average ended 0.25% higher in the last session on Friday.