Sensex opens in green on cooling oil rates

Mumbai: Sensex opened over 100 points higher on Friday over the strong inflow of foreign funds and slight ease in the international oil prices.

The Brent, benchmark oil price, which crossed the $75 a barrel mark on Thursday for the first time in 2019 was trading at $74.14 a barrel.

Except for the auto sector stocks, all other sectoral stocks on the NSE witnessed healthy buying.

The BSE Sensex opened at 38,865.83, slightly higher from its previous close of 38,730.86.

At 9.16 a.m., the Sensex was up 128.03 points or 0.33 percent at 38,858.89.

The broader Nifty traded 51.95 points or 0.45 percent higher at 11,693.75 points. It opened at 11,683.75 from its previous close of 11,641.80.

On Thursday, Foreign Institutional Investors (FIIs) bought stocks worth Rs 3,785.73 crore while the Domestic Institutional Investors (DIIs) sold stocks worth Rs 4,069.98 crore.