Sensex rises 74 points in opening trade on Asian cues

Mumbai, Feb 26 (PTI) The Bombay Stock Exchange benchmark
Sensex recovered by over 74 points in the opening trade Friday
on fresh capital inflows from foreign funds amid a firming
Asian market.
The 30-share index was up by 74.05 points, or 0.45 per
cent at 16,328.25 points, in the opening trade.
The Sensex had closed almost flat in Thursday's choppy
trade.
The wide-based National Stock Exchange index Nifty moved
up by 22.80 points to 4,882.55 points.
Stock brokers said apart from firming trend in other
Asian markets, beginning of new settlement on the derivatives
segment also influenced trading sentiments.
Shares of oil and gas, Public Sector Units (PSUs),
banking, capital goods and metal sectors were in good demand,
lending major support to the Sensex.
Among gainers Reliance Industries was up 1.33 per cent to
Rs 977.20, Reliance Infra by 0.87 per cent to Rs 967.50, Rcom
by 0.77 per cent to Rs 156.10, State Bank of India by 0.86
per cent to Rs 1,930.95, HDFC Ltd by 0.55 per cent to Rs
2,477.80 and Wipro by 0.40 per cent to Rs 672.85.
The Hong Kong's Hang Seng was up by 1.17 per cent, while
Japan's Nikkei rose 0.42 per cent in the morning trade Friday.
PTI