Mumbai, July 10: India’s Bombay Stock Exchange benchmark Sensex Friday rose by nearly 105 points in opening trade on increased capital inflows by funds after IT major Infosys Technologies posted better-than-expected first quarter profits amid firm trend in other Asian equity markets.
The 30-share index gained 104.92 points at 13,862.38 points.
The wide-based National Stock Exchange index Nifty also moved up by 28.55 points to 4,109.50 points.
Stock brokers said announcement of encouraging first quarter profits by software major Infosys and firm trends on the other Asian markets mainly buoyed the trading sentiments here.
Infosys reported a 17.28 per cent growth in consolidated net profit at Rs 1,527 crore in the first quarter ended June 30, 2009. The firm had a net profit of Rs 1,302 crore in the first quarter of the previous fiscal.
Shares of the company were in good demand and appreciated by 2.
–PTI