MUMBAI: The Bombay Stock Exchange benchmark Sensex today rose by over 112 points in opening trade today as foreign funds pumped in fresh funds after firming global trends.

The 30-share index rose by 112.65 points, or 0.66%, to 16,979.06 points with metal, IT and FMCG sector stocks leading the gains. The BSE barometer had lost 268.14 points in yesterday’s session.

The wide-based National Stock Exchange index Nifty moved up by 30.70 points to trade higher at 5,033.90.

Brokers said fresh spell of buying by foreign funds bolstered by firming trends in the global markets after upbeat US services data, influenced the trading sentiments on the domestic bourses here.

Among metal stocks, Sterlite Industries rose by 2.17% to Rs 766.65, Tata Steel by 1.20% to Rs 503.40 and Hindalco by 3.26% to Rs 122.

Grasim Industries, which suffered sharp setback in the last session, traded up 1.15% at Rs 2,538.

Infosys Technologies moved up by 1.27% to Rs 2,348, TCS by 1.87% to Rs 626.95 and ICICI Bank by 1.74% to Rs 926.60.

Source: http://timesofindia.indiatimes.com/news/business/india-business/Sensex-gains-112-pts-in-opening-trade-on-global-cues/articleshow/5092695.cms

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