Sensex up 112 points in opening trade

Mumbai (PTI) - The Bombay Stock Exchange benchmark
Sensex recovered by over 112 points in opening trade on
Thursday on fresh buying in metals, banking and oil and gas
stocks, driven by a firming trend on other Asian bourses.
The 30-share barometer, which has lost nearly 445 points
in the previous three sessions, rose by 112.25 points to
18,198.45 in the first few minutes of trade on Thursday.
In a similar manner, the wide-based National Stock
Exchange Nifty index rose by 32 points to 5,452.60.
Brokers said the emergence of buying in heavy-weight
stocks by funds as well as retail investors was triggered by a
firming trend in other Asian markets following overnight gains
in the US, which gave a boost to the trading sentiment.
In the Asian region, Hong Kong's Hang Seng index rose by
0.25 per cent, while Japan's Nikkei edged higher by 0.51 per
cent in morning trade on Thursday. The US Dow Jones Industrial
Average ended 0.65 per cent higher in Wednesday's trade.