Sensex up 181 pts in early trade

The BSE 30-share sensitive index opened strong at 10,320.59 and later spurted to 10,408.16.

Buoyed by better-than-expected Q1 earnings from major corporates coupled with encouraging global trend, the benchmark Sensex on Wednesday rallied smartly by 181 points to 10,408.16 in the initial ten minutes of trading.

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The Bombay Stock Exchange (BSE) 30-share sensitive index opened strong at 10,320.59 and later spurted to 10,408.16, up by 181.36 points over previous close of 10,226.79.

TCS Ltd and a few other blue chip corporates announced impressive first quarter results.

Global markets also made a positive turnaround on the back of easing crude oil prices.