Sensex opens 145 pts high on strong global cues

Mumbai, April 04: The Bombay Stock Exchange benchmark Sensex rose by over 145 points in opening trade today on the emergence of buying in fundamentally strong shares amid a firming trend on other Asian bourses.

The 30-share barometer, which lost 24.83 points in the previous volatile session, recovered by 145.90 points, or 0.75 per cent, to 19,566.29 in the first few minutes of trade today.

Stocks of auto, IT, metals and healthcare firms led the rally.

In a similar manner, the wide-based National Stock Exchange Nifty index rose by 41.45 points, or 0.71 per cent, to 5,867.50 points.

Brokers said a fresh spell of buying by funds as well as investors of stocks having strong fundamentals and a firming trend on other Asian bourses mainly buoyed the trading sentiment here.

Expectations of strong fourth quarter earnings also fuelled the rally, they said
-Agencies