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Sensex opens 120 points higher, Nifty begins day up 37 points

Equity benchmark Sensex rose over 100 points in opening trade on Thursday, tracking gains in index-heavyweights HDFC twins, L&T and Reliance Industries amid largely positive cues from global markets and sustained foreign fund inflows.

The 30-share BSE index was trading 120.03 points or 0.27 per cent higher at 43,948.13.

Similarly, the broader NSE Nifty was 37.70 points or 0.29 per cent up at 12,896.10.

Bajaj Auto was the top gainer in the Sensex pack, rising around 2 per cent, followed by M&M, L&T, HDFC, Bharti Airtel, Sun Pharma, UltraTech Cement, Titan and Tata Steel.

On the other hand, IndusInd Bank, Infosys, Maruti and ONGC were among the laggards.

In the previous session, Sensex slumped 694.92 points or 1.56 per cent to finish at 43,828.10. The index touched a lifetime high of 44,825.37 in the opening session. Nifty too touched a record intra-day peak of 13,145.85, before ending 196.75 points or 1.51 per cent down at 12,858.40.


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