Sensex up by 152 points on fund buying

The 30-share index, Sensex, bounces by 152.09 points at 14,316.07, in the first five minutes of trade.

Bucking the global trend, the benchmark Sensex opened higher by over 152 points on the Bombay Stock Exchange on Friday on selective buying by funds.

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The 30-share index, Sensex, which loss over 85 points in previous day's trading, bounced by 152.09 points at 14,316.07, in the first five minutes of trade.

Similarly, the wide-based National Stock Exchange rose by 49.35 points at 4,164.30, even as the Asian markets showed a weak trend.

The Asian bourses including Japan, Hong Kong and Singapore opened lower on foreign funds reducing their holding in these markets.