Sensex gains 104 pts in opening trade on Asian cues

Mumbai, January 06: The Bombay Stock Exchange benchmark Sensex today rose by 104 points in opening trade on sustained buying by foreign funds, tracking firming Asian bourses.

The 30-share index gained 104.09 points, or 0.58 per cent, at 17,790.33 points, a level not seen since February 2008.

All the sectoral indices were trading in positive zone with gains up to 0.92 per cent.

The wide-based National Stock Exchange index Nifty regained 5,300 points level after February 28, 2008 to trade 32.95 points, or 0.62 per cent, higher at 5,310.85 points.

Brokers attributed gains in stocks to firming trend on other Asian bourses, which were up by almost 0.50 per cent in the morning trade.

Besides, expectations of higher corporate earnings for the December quarter also buoyed the trading sentiments, they added.

—-PTI